From a Raymond James presentation to the Cat Fund Participating Insurers Workshop

June 2007

                      2004 Hurricane Season                             2005 Hurricane Season                 

Entity                                   Dollars                    Percent                       Dollars                    Percent

Citizens                               $516 mill                  6.85                            $1.766  bill             3.47    (1) 

Cat Fund                             0                              0                                  $1.350 bill             1         (2)    

FIGA                                   0                               0                                 $400 mill                4        (3) 

Total                                   $516                         6.85                           $3.516 bill               8.47   (4)

(1) Includes one-year assessment of 2.07% and annual assessment of 1.4% for 10 years

(2) Assessment was levied 1 percent a year for six years.

(3) Assessment was levied for one year only.

(4) Includes one-year assessment of 6.07% and 1 and 1.4% for six and 10 years respectfully.