Category: Florida Hurricane Catastrophe Fund

SBA To File Emergency Rule Effecting HB 1495 TICL Changes

May 4, 2009

At the Florida Cabinet meeting scheduled for May 13, 2009, the Florida State Board of Administration (“SBA”) agenda will include a request for approval  by the Florida Hurricane Catastrophe Fund (“FHCF”) to file Emergency Rule 19ER09-1, Reimbursement Contract and its attendant …

FHCF 2009 Ratemaking Formula Report Revised

Apr 6, 2009

  The Florida Hurricane Catastrophe Fund (“FHCF”) 2009 Ratemaking Formula Report was revised on April 1, 2009.  The additional clarifications occur in Exhibit I, on page 20, and in Exhibit XIV, on page 121 of the Report. To view the …

FHCF Advisory Council Meeting Report: March 20

Mar 27, 2009

The Florida Hurricane Catastrophe Fund (“FHCF”) Advisory Council met on March 20, 2009 in Tallahassee to address a number of pertinent issues relating to FHCF fiscal and procedural administration for the 2009 Hurricane Season.  To view the meeting agenda and …

FHCF, Loss Projection Modeling Meeting Agendas Posted

Mar 18, 2009

Agendas for the upcoming Florida Commission on Hurricane Loss Projection and Florida Hurricane Catastrophe Fund Advisory Council meetings have been released and can be viewed via hyperlink below:   Florida Commission on Hurricane Loss Projection Methodology Meeting–March 19 The Florida …

FHCF Financing Options Considered

Mar 11, 2009

As part of the Florida State Board of Administration (“SBA”) agenda during the March 10, 2009 Florida Cabinet meeting, Florida Hurricane Catastrophe Fund (“FHCF”) financial advisor John Forney provided an overview of the current FHCF status in relation to financial …

FHCF to Consider Financing Options

Mar 4, 2009

At the scheduled March 10, 2009 Florida Cabinet meeting, the Florida Hurricane Catastrophe Fund will request approval to proceed with exploring terms and pricing for the following financing product options: Cash capital markets products such as “pre-event financing” (similar to …

FHCF Advisory Council Meeting Report: January 13

Jan 13, 2009

On Tuesday, January 13, 2009, the Florida Hurricane Catastrophe Fund (“FHCF”) Advisory Council (“Advisory Council”) met to discuss the 2009/2010 FHCF Reimbursement Contract, Data Call and supporting Rules, as well as to receive updates on financial markets and FHCF operations.  …

FHCF Reimbursement Premium Rule Development Workshop Report: January 9

Jan 13, 2009

The Florida State Board of Administration, Florida Hurricane Catastrophe Fund (“FHCF”) held a Rule development workshop on January 9, 2009, to discuss proposed amendments to the following Rules: 19-8.010:  Reimbursement Contract 19-8.012:  Procedures to Determine Ineligibility for Participation in the …