SB 1668 -  Florida Hurricane Catastrophe Fund and Reinsurance Assistance

by DiCeglie
Specifying the retention multiple for specified contracts; requiring that the reimbursement contract contain a promise by the State Board of Administration to reimburse the insurer a specified percentage of its losses and applicable loss adjustment expenses; requiring the cash build-up factor to be frozen beginning in a specified contract year and to freeze for a specified period ending by a specified date; requiring the board to file certain premiums with the Office of Insurance Regulation, etc.
Effective Date: Upon becoming a law
Last Event: 03/08/24 S Died in Banking and Insurance on Friday, March 8, 2024 2:25 PM

Referred Committees and Committee Actions

Senate Referrals

  • Banking and Insurance
  • Appropriations Committee on Agriculture, Environment, and General Government
  • Fiscal Policy

Related Bills

Staff Analysis

(None Available)

Vote History

(No Votes Recorded)

Bill History

Event Time Member Committee Ver.
Event: S Died in Banking and Insurance Time: 03/08/2024 - 2:25 PM Member: Committee: Banking and Insurance Version: __
Event: S Introduced Time: 01/11/2024 - 4:57 PM Member: Committee: Version: __
Event: S Referred to Banking and Insurance; Appropriations Committee on Agriculture, Environment, and General Government; Fiscal Policy Time: 01/11/2024 - 7:56 AM Member: Committee: Banking and Insurance Version: __
Event: S Filed Time: 01/05/2024 - 6:59 PM Member: Committee: Version: __

Statutes Referenced by this Bill