Category: Florida Hurricane Catastrophe Fund
Nov 19, 2012
The Florida Hurricane Catastrophe Fund has published its final adopted 2013/2014 Reimbursement Contract, Addenda and Optional Amendment, along with related Rule 19-8.010 on its Web site. To view these items, click on the hyperlinks below: Rule 19-8.010 – Reimbursement …
Nov 14, 2012
The Florida State Board of Administration (“SBA”) Audit Committee met yesterday, November 13, 2012, during which Florida Hurricane Catastrophe Fund (“FHCF”) Chief Operating Officer Dr. Jack Nicholson and Anne Burt, FHCF Director of Operations, presented results of the FHCF …
Oct 18, 2012
The Florida Hurricane Catastrophe Fund has published its June 30, 2012 and 2011 audited financial statements, including the combined statements of net assets; the combined statements of revenues, expenses and changes in net assets; and the combined statements of …
Oct 16, 2012
In a notice issued today, October 16, 2012, the Florida State Board of Administration (“SBA”) advised of the estimated borrowing capacity, estimated claims-paying capacity and projected balance of the Florida Hurricane Catastrophe Fund (“FHCF”) as of December 31, 2012, in …
Oct 10, 2012
At its meeting yesterday, October 9, 2012, the Florida Hurricane Catastrophe Fund (“FHCF”) Advisory Council (“Council”) unanimously approved the FHCF’s October 2012 estimated claims-paying capacity at $15.503 billion, approximately $1.5 billion short of the FHCF’s total potential maximum claims-paying …
Oct 9, 2012
As part of its meeting agenda this morning, October 9, 2012, the Florida Cabinet approved an Emergency Rule for the Florida Hurricane Catastrophe Fund (“FHCF”) that will provide an optional date change for the FHCF 2012-2013 Contract Year in …
Oct 8, 2012
The Florida Hurricane Catastrophe Fund (“FHCF”) has published coverage selections and premium calculations, updated as of September 30, 2012, for the 2011/2012 FHCF Contract Year. To view this information, click here. In addition, coverage selections and premium calculations for the …
Sep 28, 2012
Following is a listing of Florida insurance-related regulatory events for the week of October 1-5, 2012: All times are Eastern Time (“ET”). Additional information is available via hyperlink where noted in bold type. FLORIDA INSURANCE REGULATORY EVENTS …
Sep 19, 2012
The Florida Hurricane Catastrophe Fund (“FHCF”) published answers to “Frequently Asked Questions” pertaining to the 2012/2013 FHCF Contract Year today, September 19, 2012. Updates include information relating to: Coverage of garage doors under commercial-residential policies Deductible code reporting on …
Sep 12, 2012
Published today, September 12, 2012, a revised draft of the Florida Hurricane Catastrophe Fund (“FHCF”) 2013 Reimbursement Contract incorporates changes discussed during an August 30, 2012 FHCF Workshop. The revised draft Contract is attached in PDF format for review. …