Category: Florida Hurricane Catastrophe Fund
Dec 31, 2009
SBA Rule Workshop-FHCF 2010 Reimbursement Contract and Reporting Requirements The Florida State Board of Administration (“SBA”) has issued a Notice of Rulemaking Development regarding the following Florida Hurricane Catastrophe Fund (“FHCF”) Rules: 19-8.010: Reimbursement Contract 19-8.012: Procedures to Determine …
Oct 23, 2009
The Florida Hurricane Catastrophe Fund (“FHCF”) Advisory Council (“Council”) met Tuesday, October 20, 2009 in Tallahassee, Florida. To view the complete meeting agenda, click here. After the approval of amendments to its Handbook, the Council heard an update on the …
Oct 19, 2009
Oct 19, 2009
The Florida Hurricane Catastrophe Fund (“FHCF”) Web site has been updated with the following information (to view each document, click on the hyperlinks below): 2008/2009 FHCF Coverage Selections and Premium Calculations – Partial List 2007/2008 FHCF Coverage Selections and Premium …
Sep 2, 2009
The Florida State Board of Administration (“SBA”) held its regularly scheduled quarterly meeting on September 1, 2009, during which the SBA Board of Trustees heard reports on state financial investments. An update on Florida Hurricane Catastrophe Fund (“FHCF”) capacity …
Aug 27, 2009
The Florida Hurricane Catastrophe Fund (“FHCF”) has published a revision to its 2009-2010 Capacity Report, a copy of which can be viewed by clicking here. The revised version corrects the Total Coverage number from $ 23.241 to $23.173 on Chart …
Jul 31, 2009
The Florida Hurricane Catastrophe Fund (“FHCF”) has published its 2009-2010 Capacity Report, which may be viewed by clicking here. The FHCF’s current estimated capacity for the 2009-2010 Contract Year is $16 billion (based on the May 2009 claims paying capacity …
Jun 25, 2009
The following are recent Florida Hurricane Catastrophe Fund (“FHCF”) regulatory developments occuring as a result of House Bill 1495 becoming law on June 1, 2009: Notice of Emergency Rule With Florida’s hurricane season, the FHCF 20009-2010 Reimbursement Contract Year …
Jun 24, 2009
The Florida Hurricane Catastrophe Fund (“FHCF”) has published the 2009 FHCF Premium Calculation examples that include mitigation adjustments. To assist in calculating 2009 Mandatory FHCF premium, hyperlinks to the 2009 FHCF Rates and the 2009 FHCF Ratemaking Formula Report Addendum are included …
Jun 24, 2009
The Florida Hurricane Catastrophe Fund (“FHCF”) Website has been updated to include information regarding FHCF-related 2009 State legislation and regulations, which are listed below: House Bill 1495 Emergency Rule 19ER09-01 (Reimbursement Contract) Amended Addendum #2 to Reimbursement Contract Addendum #4 …