HB 1209 (2006) -  Florida Hurricane Catastrophe Fund

General Bill by Taylor, P. (CO-SPONSORS) Bendross-Mindingall; Bucher; Cusack; Gannon; Henriquez; Holloway; Joyner; Kendrick; Machek; Meadows; Roberson, Y.; Sands; Smith; Vana
Florida Hurricane Catastrophe Fund: Revises findings, purposes, and definitions; changes the name of the fund to the Florida Hurricane Insurance Fund; revises requirements for reimbursement contracts; provides requirements, procedures, and methodologies for policyholders to pay premiums to insurers, insurers to remit premiums to the fund, insurers to reimburse policyholders for hurricane losses, and the state to reimburse insurers from the fund for payments to policyholders; deletes a required annual appropriation from the investment income of the Florida Hurricane Catastrophe Fund for specified purposes; provides coverage limitations, with exceptions; provides for discounted premiums to insurers that encourage policyholders to mitigate losses; deletes conflicting provisions; revises reimbursement premium provisions to conform; renames the Florida Hurricane Catastrophe Fund Finance Corporation as the Florida Hurricane Insurance Fund Finance Corporation; deletes a general law limitation subjecting only limited portions of northwest Florida's coastal counties to windborne debris requirements adopted by the Florida Building Commission.
Effective Date: July 1, 2006.
Last Event: Died in Insurance Committee, Link/Iden/Sim/Compare passed, refer to CS/CS/SB 1774 (Ch. 2006-65) on Friday, May 5, 2006 11:59 PM

Referred Committees and Committee Actions

House Referrals

Related Bills

Bill # Subject Relationship
Bill #: HB 1257 Subject: Protect Our Homes Loss Mitigation Fund Relationship: Linked
Bill #: SB 2664 Subject: Fla. Hurricane Catastrophe Fund Relationship: Identical
Bill #: HB 1187 CS Subject: Florida Building Code Relationship: Compare
Bill #: CS/CS/SB 1336 Subject: Building Code/Wind-Design Standards Relationship: Compare
Bill #: CS/CS/SB 1774 Subject: Building Codes Relationship: Compare
Bill #: SB 2618 Subject: Protect Our Homes Loss Mitigation Relationship: Compare

Bill Text

Staff Analysis

(None Available)

Vote History

(No Votes Recorded)

Bill History

Event Time Member Committee Ver.
Event: H Died in Insurance Committee, Link/Iden/Sim/Compare passed, refer to CS/CS/SB 1774 (Ch. 2006-65) Time: 05/05/2006 - 11:59 PM Member: Committee: Insurance Committee Version:
Event: H 1st Reading Time: 03/07/2006 - 11:59 PM Member: Committee: Version: __
Event: H Now in Insurance Committee Time: 03/07/2006 - 4:33 PM Member: Committee: Insurance Committee Version: __
Event: H Referred to Commerce Council Time: 03/07/2006 - 4:33 PM Member: Committee: Commerce Council Version: __
Event: H Referred to State Administration Appropriations Committee Time: 03/07/2006 - 4:33 PM Member: Committee: State Administration Appropriations Committee Version: __
Event: H Referred to Insurance Committee Time: 03/07/2006 - 4:33 PM Member: Committee: Insurance Committee Version: __
Event: H Filed Time: 02/21/2006 - 8:32 AM Member: Taylor, P. Committee: Version: __

Statutes Referenced by this Bill

Statute Other Bill Citations
215.555 HB 711, HB 7225
215.556
215.559 HB 1267, HB 7257
624.424
624.5091
627.062 HB 1267, HB 7225
627.0628 HB 7225
627.0629 HB 1267
627.351 HB 79, HB 223, HB 551 CS, HB 711, HB 721, HB 1097, HB 1261, HB 1267, HB 7067, HB 7225
627.701 HB 1267, HB 7225
627.7077