CS/SB 1372 (2012) -  Florida Hurricane Catastrophe Fund

General Bill by Banking and Insurance and Alexander
Florida Hurricane Catastrophe Fund: Providing for calculation of an insurer’s reimbursement premium and retention under the reimbursement contract; revising coverage levels available under the reimbursement contract; revising aggregate coverage limits; providing for the phase-in of changes to coverage levels and limits; revising the cash build-up factor included in reimbursement premiums; providing for phase-in; reducing maximum allowable emergency assessments; changing the name of the Florida Hurricane Catastrophe Fund Finance Corporation; repealing provisions related to temporary emergency options for additional coverage, etc.
Effective Date: upon becoming a law
Last Event: 03/09/12 S Died in Budget Subcommittee on General Government Appropriations on Friday, March 9, 2012 11:59 PM

Referred Committees and Committee Actions

Senate Referrals

  • Banking and Insurance
    • On agenda for: 02/16/12 8:00 AM
    • Favorable With Committee Substitute (final action) Votes: Yeas 8   Nays 1
  • Budget Subcommittee on General Government Appropriations
    • On agenda for: 02/28/12 10:45 AM
  • Budget

Related Bills

Bill # Subject Relationship
Bill #: HB 833 Subject: Florida Hurricane Catastrophe Fund Relationship: Similar
Bill #: CS/SB 1346 Subject: Property Insurance Relationship: Compare

Bill Text

Staff Analysis

Chamber Committee
Chamber: Senate Committee: Budget Subcommittee on General Government Appropriations 2/27/2012 12:40:57 PM
Chamber: Senate Committee: Banking and Insurance 2/16/2012 3:12:50 PM
Chamber: Senate Committee: Banking and Insurance 2/15/2012 10:23:44 AM

Vote History

(No Votes Recorded)

Bill History

Event Time Member Committee Ver.
Event: S Died in Budget Subcommittee on General Government Appropriations Time: 03/09/2012 - 11:59 PM Member: Committee: Version: c1
Event: S On Committee agenda-- Budget Subcommittee on General Government Appropriations, 02/28/12, 10:45 am, 401 Senate Office Building --Temporarily Postponed Time: 02/23/2012 - 9:16 PM Member: Committee: Version: c1
Event: S CS by Banking and Insurance read 1st time -SJ 539 Time: 02/21/2012 - 7:44 PM Member: Committee: Version: c1
Event: S Now in Budget Subcommittee on General Government Appropriations Time: 02/21/2012 - 10:11 AM Member: Committee: Version: c1
Event: S Subreferred to Budget Subcommittee on General Government Appropriations -SJ 534 Time: 02/21/2012 - 10:10 AM Member: Committee: Version: c1
Event: S Now in Budget -SJ 523 Time: 02/20/2012 - 12:01 PM Member: Committee: Version: c1
Event: S Pending reference review under Rule 4.7(2) - (Committee Substitute) Time: 02/16/2012 - 3:18 PM Member: Committee: Version: c1
Event: S CS by Banking and Insurance; YEAS 8 NAYS 1 -SJ 523 Time: 02/16/2012 - 10:03 AM Member: Committee: Version: __
Event: S On Committee agenda-- Banking and Insurance, 02/16/12, 8:00 am, 412 Knott Building Time: 02/14/2012 - 6:35 PM Member: Committee: Version: __
Event: S Introduced -SJ 148 Time: 01/13/2012 - 5:44 PM Member: Committee: Version: __
Event: S Referred to Banking and Insurance; Budget -SJ 148 Time: 01/13/2012 - 10:07 AM Member: Committee: Version: __
Event: S Filed Time: 12/27/2011 - 10:27 AM Member: Committee: Version: __

Statutes Referenced by this Bill

Statute Other Bill Citations
215.555 CS/CS/SB 292, HB 833, CS/CS/HB 937*, CS/SB 1346
627.0629 HB 833, CS/CS/HB 1101*

(*) Not the latest version