Florida Hurricane Catastrophe Fund Rule Hearing

Jan 9, 2009

Florida Hurricane Catastrophe Fund Rule Hearing

The Florida State Board of Administration, Florida Hurricane Catastrophe Fund (“FHCF”) has issued a Notice of Development of Rulemaking regarding the following Rules:

  • 19-8.010: Reimbursement Contract
  • 19-8.012: Procedures to Determine Ineligibility for Participation in the Florida Hurricane Catastrophe Fund and to Determine Exemption from Participation in the Florida Hurricane Catastrophe Fund
  • 19-8.013: Revenue Bonds Issued Pursuant to Section 215.555(6), F.S
  • 19-8.028: Reimbursement Premium Formula
  • 19-8.029: Insurer Reporting Requirements
  • 19-8.030: Insurer Responsibilities

The purpose of the Rule development workshop is to discuss proposed amendments to the Rules governing the FHCF. The Rule amendments address the following subject areas: contract requirements, exemption and ineligibility, bonding, premium formula requirements, insurer reporting requirements for the 2009-2010 contract year, and insurer responsibilities.

Date: Friday, January 9, 2009
Time: 9:00 a.m. through 12:00 p.m.
Place: Room 116, Heritage Conference Room, 1801 Hermitage Boulevard, Tallahassee, Florida