General Bill
Florida Hurricane Catastrophe Fund and Reinsurance Assistance:
Revises provisions for Florida Hurricane Catastrophe Fund including, retention multiple, adjusted retention multiple, reimbursement contracts, loss adjustment expense; contract obligations; reimbursements, & reimbursement premium formula; authorizes eligible Reinsurance to Assist Policyholders program insurers to purchase RAP coverage under program; revises reimbursement under RAP program; removes provision prohibiting premiums from being charged for participation in program; revises coverage layers of Florida Optional Reinsurance Assistance program; requires transfer of specified amount from FORA Fund into Florida Hurricane Catastrophe Fund.
Effective Date:
upon becoming a law
Last Event:
Died in Insurance & Banking Subcommittee on Friday, March 8, 2024 2:25 PM
| Bill #
|
Subject
|
Relationship
|
|
Bill #:
SB 1668
|
Subject:
Florida Hurricane Catastrophe Fund and Reinsurance Assistance
|
Relationship:
Identical
|
| Event |
Time |
Member |
Committee |
Ver. |
|
Event:
H Died in Insurance & Banking Subcommittee
|
Time:
03/08/2024 - 2:25 PM
|
Member:
|
Committee:
Insurance & Banking Subcommittee
|
Version:
__
|
|
Event:
H Now in Insurance & Banking Subcommittee
|
Time:
01/13/2024 - 9:36 AM
|
Member:
|
Committee:
Insurance & Banking Subcommittee
|
Version:
__
|
|
Event:
H Referred to Commerce Committee
|
Time:
01/13/2024 - 9:36 AM
|
Member:
|
Committee:
Commerce Committee
|
Version:
__
|
|
Event:
H Referred to State Administration & Technology Appropriations Subcommittee
|
Time:
01/13/2024 - 9:36 AM
|
Member:
|
Committee:
State Administration & Technology Appropriations Subcommittee
|
Version:
__
|
|
Event:
H Referred to Insurance & Banking Subcommittee
|
Time:
01/13/2024 - 9:36 AM
|
Member:
|
Committee:
Insurance & Banking Subcommittee
|
Version:
__
|
|
Event:
H 1st Reading
|
Time:
01/09/2024 - 11:31 PM
|
Member:
|
Committee:
|
Version:
__
|
|
Event:
H Filed
|
Time:
01/05/2024 - 11:35 AM
|
Member:
Cassel
|
Committee:
|
Version:
__
|