BRADENTON, Fla. - When Florida Sen. Bill Nelson, D-Fla., introduced the Catastrophe Obligation Guarantee Act two weeks ago today, he asked Congress what Florida, Louisiana, Texas, and California have in common.

In addition to being Sunbelt states, Nelson said, they are subject to natural catastrophes ranging from hurricanes to earthquakes and each has had to develop agencies to deal with the challenge of providing homeowners' insurance in markets where the private sector won't.

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