BRADENTON, Fla. — With market conditions continuing to improve following the liquidity crisis in 2007 and 2008, the state-run Florida Hurricane Catastrophe Fund should have no problem issuing bonds to pay claims over the next 12 months.

In addition to using its fund balance and proceeds of a recent $2 billion taxable note sale, the so-called Cat Fund could borrow more than the $5.2 billion that is needed to meet its reinsurance obligations, Advisory Board members were told Thursday.

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