Florida Hurricane Catastrophe Fund Posts 2017 Ratemaking Formula Report, Reminds Hurricane Loss Notification Letter Due
Mar 28, 2017
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 2016 Hurricane Season, and review and approve the 2017 FHCF Ratemaking Formula. To access the meeting materials, click on the hyperlinks below:
- 3-23 & 24-17 Notice
- 3-23-17 Agenda
- FHCF Presentation
- 3-23-17 Ratemaking Formula Presentation
- 2017 Ratemaking Formula Report
Hurricane Proof of Loss Reports Due
The FHCF reminds that Participating Insurers whose losses resulting from Hurricane Hermine or Hurricane Matthew have exceeded, or are expected to exceed 50 percent of the company’s FHCF retention are required to submit Form FHCF-L1B Proof of Loss Report for each applicable hurricane no later than March 31, 2017.
To read this complete advisory, click here.
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