Bill Summary

HB 833 Florida Hurricane Catastrophe Fund (2012 Session)
top
Sponsors
by Hager Co Sponsors: Boyd
top
Summary
Florida Hurricane Catastrophe Fund: Revises definitions of "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; revises cash build-up factor included in reimbursement premiums; provides for phase-in; reduces maximum allowable emergency assessments; changes name of Florida Hurricane Catastrophe Fund Finance Corporation; repeals provisions related to temporary emergency options for additional coverage; terminates temporary increase in coverage limits option at end of 2011-2012 contract year; limits to 2012-2013 contract year provisions relating to TICL options addendum, TICL reimbursement premiums, & claims-paying capacity of fund. Effective Date: upon becoming a law
top
committees of reference
» H Insurance & Banking Subcommittee
   H Economic Affairs Committee
top
Actions
12/01/11
HOUSE 
Filed
12/12/11
HOUSE 
Referred to Insurance & Banking Subcommittee; Economic Affairs Committee
12/12/11
HOUSE 
Now in Insurance & Banking Subcommittee
01/12/12
HOUSE 
On Committee agenda - Insurance & Banking Subcommittee, 01/17/12, 3:30 pm, 404 H - Workshop
01/17/12
HOUSE 
Official Vote not reported by Insurance & Banking Subcommittee on 01/17/12; Vote expected to be reported 01/18/12
01/18/12
HOUSE 
Workshopped by Insurance & Banking Subcommittee on 01/17/12
01/26/12
HOUSE 
On Committee agenda - Insurance & Banking Subcommittee, 01/30/12, 2:00 pm, 404 H
01/26/12
HOUSE 
Removed from meeting agenda - Insurance & Banking Subcommittee, 01/30/12
03/09/12
HOUSE 
Died in Insurance and Banking Subcommittee
top
bill text & filed amendments
0833
Filed on 12/01/11
PDF
No amendments to this bill text filed.
top
Statute Citations
215.555
627.0629
Research & Reports
Revenue Estimating Coverence Reports, Veto, Transmittal letters and more. Learn more.

No reports related to this bill.

Upcoming Events
Florida's most comprehensive legislative calendar. Learn more.

No events are scheduled at this time.

Press Releases
Related Press Announcements. Learn more.
Features above are available to LobbyTools subscribers. Request a free demo or call (850) 915-0100 ext. 2 to learn more.