Category: Florida Hurricane Catastrophe Fund

  As required by law, the Florida Hurricane Catastrophe Fund (“FHCF”) advised today, December 19, 2014, on its maximum statutory adjusted capacity for its mandatory coverage, maximum statutory coverage for any optional coverage and the aggregate fund retention used to …

  The Florida Division of Emergency Management (“DEM”) has issued an update on the Hurricane Loss Mitigation Program in advance of the Florida Hurricane Catastrophe Fund (“FHCF”) Advisory Council meeting today, October 14, 2014. To view the document, click here. …

  Above:  Dr. Jack Nicholson will update Florida Hurricane Catastrophe Fund Advisory Council members at tomorrow’s meeting.   The Florida Hurricane Catastrophe Fund (“FHCF”) Advisory Council will meet on Tuesday, October 14, 2014 at 1:30 p.m. ET in Tallahassee, Florida, to vote …

  The Florida Hurricane Catastrophe Fund (“FHCF”) Advisory Council will meet on Tuesday, October 14, 2014 at 1:30 p.m. in Tallahassee, Florida, to vote on October claims-paying capacity estimates.  Teleconference attendance is also available. Meeting materials, including the agenda and …

  Yesterday, August 20, 2014, Florida’s State Board of Administration (“SBA”) held a Rule Development Workshop relating to the Florida Hurricane Catastrophe Fund’s (“FHCF’s”) 2015-2016 Reimbursement Contract.   The majority of the proposed revisions to the Reimbursement Contract are technical …

The Florida Hurricane Catastrophe Fund (“FHCF”) has scheduled an August 20, 2014 Rule Development Workshop for discussion of proposed amendments to Rule 19-8.010, “Reimbursement Contract,” relating to the 2015-2016 FHCF Contract Year.   To view the Workshop notice, click here. …

  Based on insurer responses received in advance of the 2014 Florida Hurricane Catastrophe Fund (“FHCF”) Data Call deadline on September 2, 2014, the FHCF has noted several common electronic submission errors that are causing files to fail validation in …

  According to Florida State Board of Administration (“SBA”) officials, the Florida Office of Insurance Regulation (“OIR”) is expected to issue Orders implementing the June 17, 2014 Florida Cabinet resolution terminating the 1.3 percent emergency assessment (“assessment”) levied by the …

  The Florida Hurricane Catastrophe Fund (“FHCF”) has published coverage selections and premium calculations for the 2013/2014 and 2012/2013 FHCF Contract Year, updated as of June 30, 2014.  To view this information, click here.   Should you have any questions …

  The Florida Hurricane Catastrophe Fund (“FHCF”) advised this afternoon that FHCFWIRE, a new Web-based reporting system, received its first 2014 Data Call file uploads from participating insurers yesterday, July 1, 2014. WIRE, an acronym for “Web Insurer Reporting Engine,” …