HB 1055 (2013) -  Florida Hurricane Catastrophe Fund

by Hager
Revises definitions of terms "covered policy," "retention," & "corporation"; provides for calculation of insurer's reimbursement premium & retention under reimbursement contract; revises coverage levels available under reimbursement contract; revises aggregate coverage limits; provides for phase-in of changes to coverage levels & limits; changes name of Florida Hurricane Catastrophe Fund Finance Corporation; repeals provisions relating to temporary emergency options for additional coverage; provides for recoupment of certain costs of reinsurance.
Effective Date: upon becoming a law
Last Event: Withdrawn prior to introduction; companion bill(s) passed, see CS/SB 1770 (Ch. 2013-60) on Wednesday, February 27, 2013 11:03 AM

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Staff Analysis

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Vote History

(No Votes Recorded)

Bill History

Event Time Member Committee Ver.
Event: H Withdrawn prior to introduction; companion bill(s) passed, see CS/SB 1770 (Ch. 2013-60) Time: 02/27/2013 - 11:03 AM Member: Hager Committee: Version: __
Event: H Filed Time: 02/26/2013 - 3:40 PM Member: Hager Committee: Version: __