Meeting Materials Now Available for January 8 Florida Hurricane Catastrophe Fund Rule Workshop, Advisory Council Meeting on 2013/2014 Reimbursement Premium Formula, Insurer Reporting Requirements and Responsibilities
Jan 3, 2013
Meeting materials are now available for the Florida Hurricane Catastrophe Fund (“FHCF”) Rule Development Workshop scheduled for January 8, 2013, during which proposed amendments to the following Rules will be considered:
19-8.028: Reimbursement Premium Formula
19-8.029: Insurer Reporting Requirements
19-8.030: Insurer Responsibilities
The Workshop, which is scheduled from 9:00 a.m. to 12:00 p.m. (ET), will be held at Florida’s State Board of Administration in Tallahassee (Room 116–Hermitage Conference Room, 1801 Hermitage Blvd.) Those wishing to participate via teleconference can dial toll-free at (888) 670-3525 and entering conference code 7135858151.
Discussion will include insurer exposure and loss reporting requirements for the 2013/2014 FHCF Contract Year, FHCF reimbursement premium formula requirements and insurer responsibilities.
Advisory Council
The FHCF Advisory Council is scheduled to meet at 1:00 p.m. after the Workshop. Members will be asked for their approval on filing a Notice of Proposed Rule for Rule 19-8.029 and Rule 19-8.030, and to file these Rules for adoption if no member of the public requests a hearing on a timely basis, or if a hearing is requested, but no Notice of Change is needed. Teleconferencing for this meeting is available through the aforementioned number.
To view the proposed Rule texts and related Forms, click on the following hyperlinks:
- Notice of Rule Development
- Rule 19-8.028 – 2013 Reimbursement Premium Formula
- Rule 19-8.029 – Insurer Reporting Requirements
- Rule 19-8.030 – Insurer Responsibilities
Should you have any questions or comments, please contact Colodny Fass& Webb.
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