Category: Florida Hurricane Catastrophe Fund

  The Florida State Board of Administration is now accepting comments on proposed amendments to Rule 19-8.028 relating to the Florida Hurricane Catastrophe Fund’s Reimbursement Premium Formula for the 2017-2018 Contract Year. To view a markup of the proposed changes, …

  The Florida Hurricane Catastrophe Fund (“FHCF”) advised of the following: March 23-24 Meeting Materials Posted The FHCF Advisory Council met on March 23 and 24 to review pertinent pending legislation, as well as to hear a presentation on the …

    Please Note the Corrected Name of the Florida Hurricane Catastrophe Advisory Council.   The Florida Hurricane Catastrophe Fund Advisory Council will consider major proposed revisions to Rule 19-8.028, F.A.C., “Reimbursement Premium Formula” at a meeting scheduled for Thursday, …

  The Florida’s State Board of Administration will be accepting written comments until December 28, 2016 on proposed revisions to Florida Hurricane Catastrophe Fund (“FHCF”) Rule 19-8.029, entitled “Insurer Reporting Requirements,” and the proposed repeal of Rule 19-8.030, “Insurer Responsibilities.” …

  The Florida Hurricane Catastrophe Fund (“FHCF”) Advisory Council met on November 18, 2016 to review proposed changes to Rule 19-8.029, F.A.C., “Insurer Reporting Requirements,” which provides requirements relating to insurer reporting of exposures and losses, and Rule 19-8.030, F.A.C., …

  The Florida Hurricane Catastrophe Fund (“FHCF”) has scheduled a Rule Development Workshop on November 18, 2016 from 9 a.m. to 11 a.m. in Tallahassee to discuss proposed amendments to Rule 19-8.029, F.A.C., “Insurer Reporting Requirements.”  Insurer exposure and loss …

  Florida’s State Board of Administration of Florida (“SBA”) advised today, October 27, 2016, on the estimated borrowing capacity, estimated claims-paying capacity and projected balance of the Florida Hurricane Catastrophe Fund (“FHCF”) as of December 31, 2016 in compliance with the …

  The Florida Hurricane Catastrophe Fund (“FHCF”) Advisory Council will hold a public meeting tomorrow, October 18, 2016 at 1:30 p.m. (ET) in Tallahassee.  The agenda includes a vote to approve the October 2016 Estimated FHCF Claims-Paying Capacity.  A financial …

  Comments on the Florida Hurricane Catastrophe Fund’s proposed 2017-2018 Reimbursement Contract will be accepted until October 21, 2016.   The corresponding Rule, 19-8.010, is in process of being amended by Florida’s State Board of Administration to implement Section 215.555, F.S.  …

  In a Bulletin issued September 7, 2016, the Florida Hurricane Catastrophe Fund advised Participating Insurers on reporting requirements in the wake of Hurricane Hermine. To view the complete Bulletin, click here. Extensive Florida Hurricane Catastrophe Fund information is also …