The Florida State Board of Administration has issued a Notice of Development of Rulemaking regarding proposed amendments to Florida Hurricane Catastrophe Fund (“FHCF”) Rule 19-8.010 relating to the Reimbursement...
The Florida Hurricane Catastrophe Fund (“FHCF”) Website has been updated with the following information (click on a hyperlink below to access the documents): Under Announcements—2009 Participating Insurer...
The Florida Hurricane Catastrophe Fund (“FHCF”) held its Ninth Annual Participating Insurers Workshop in Orlando, Florida on June 11 and 12, 2009. The Workshop information and agenda can be viewed by...
Florida Governor Charlie Crist signed House Bill 569 into law today, June 10, 2009. Effective on July 1, 2009, HB 569, relates primarily to financial instruments insured by the Federal Deposit Insurance Corporation and...
The Florida Hurricane Catastrophe Fund (“FHCF”) has released its May 2009 Bonding Capacity Report, which may be viewed by clicking here. In May and October of each year, the FHCF is required to publish an estimate...
As part of the Florida Cabinet meeting agenda on Wednesday, May 27, the Florida State Board of Administration will present the following Florida Hurricane Catastrophe Fund (“FHCF”) agenda items for approval:...
As you are aware, Demotech Inc. has been in the process of revising or confirming its Financial Stability Ratings for its rated Florida companies based on issues related to the liquidity of the Florida Hurricane Catastrophe...
The following article, dated May 20, 2009, was re-printed from Reactions Magazine. Bonds “only a partial solution” to FHCF shortfall The shortfall in available funding for the Florida Hurricane Catastrophe Fund...
Today, May 18, 2009, the Florida Hurricane Catastrophe Fund (“FHCF”) held a hearing on proposed Rule 19-8.028, entitled Reimbursement Premium Formula. The purpose of the Rule is to adopt the Premium Formula...
On Tuesday, May 12, 2009, the Florida Hurricane Catastrophe Fund (“FHCF”) Advisory Council (“Council”) met in Tallahassee, Florida. The Council considered, discussed and approved three agenda...