Category: Florida Hurricane Catastrophe Fund

The Florida State Board of Administration is soliciting competitive responses from reinsurance intermediaries capable of designing and placing reinsurance products and other financing arrangements that enhance the Florida Hurricane Catastrophe Fund’s (“FHCF”) loss reimbursement process.  The selected respodent will participate as part of …

The Florida Hurricane Catastrophe Fund (“FHCF”) has published its March 26, 2008 Advisory Council (“Council”) meeting report, along with the FHCF 2008 Ratemaking Formula Report that was presented during the meeting. To view a copy of the meeting presentation, click …

On March 25, 2008, the State Board of Administration, Florida Hurricane Catastrophe Fund (“FHCF”) held a Proposed Rule Hearing regarding Rule 19-8.010, F.A.C., Reimbursement Contract (“Contract”) and amendments to certain Rules for the 2008-2009 Contract Year. A meeting of the …

The Florida State Board of Administration (“SBA”), Florida Hurricane Catastrophe Fund (“FHCF”), has issued a Notice of Proposed Rule hearing for the following Rules: RULE NO: RULE TITLE19-8.010: Reimbursement Contract19-8.012: Procedures to Determine Ineligibility for Participation in the Florida Hurricane Catastrophe …

The Florida Hurricane Catastrophe Fund (“FHCF”) Advisory Council (“Council”) held a meeting to discuss changes to the 2008/2009 FHCF Reimbursement Contract (“Contract”) and Data Call. To view the complete Council Meeting agenda, click here. To view the meeting notice, click …

On Wednesday, January 9, 2008, the Advisory Council (“Council”) of the Florida Hurricane Catastrophe Fund (“FHCF”) held a Rule Development Workshop to discuss proposed amendments regarding the following Rules related to the FHCF: Rule Number: Rule Title 19-8.010 Reimbursement Contract19-8.012 Procedures to Determine …

The Florida Hurricane Catastrophe Fund Advisory Council announces a  Notice of Meeting/Workshop Hearing to which all persons are invited. DATE AND TIME: Friday, January 11, 2008, 9:00 a.m. – 1:00 p.m. (ET)PLACE: Room 116 (Hermitage Conference Room), 1801 Hermitage Blvd., Tallahassee, Florida …

  The Florida Hurricane Catastrophe Fund (“FHCF”) has updated its website to include a partial list of the 2007/2008 Coverage Selections & Premium Calculations.  We have attached this document to this newsletter for your review.  Please be advised that this …

In a meeting earlier this week, the Florida Hurricane Catastrophe Fund (“FHCF”) Advisory Council (“Council”) was advised that the FHCF reorganization proposal by Florida’s Chief Financial Officer (“CFO”) Alex Sink is intended to increase the ability of the FHCF to …

The Florida Hurricane Catastrophe Fund (“Fund”) is structured as a tax exempt trust fund under the direction of the State Board of Administration.  The Fund protects and advances Florida’s interest in maintaining insurance capacity in the state, by providing reimbursements …