News & Updates

Florida Hurricane Catastrophe Fund

Commissioner McCarty Comments on Hurricane Andrew Anniversary

Commissioner McCarty Comments on Hurricane Andrew Anniversary

| Written By: Travis Miller | Insurance

Florida Insurance Commissioner Kevin McCarty commented earlier today on the 20th anniversary of Hurricane Andrew, an event that shaped the next two decades of property and casualty regulation and legislation as well as other areas like building code requirements and enforcement.  The statement follows: “Today marks the anniversary of Hurricane Andrew, a tropical hurricane that […]

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FHCF to Begin Working on 2013 Contract

FHCF to Begin Working on 2013 Contract

| Written By: Travis Miller | Insurance

The Florida Hurricane Catastrophe Fund (FHCF) has announced a rule workshop for August 30, 2012, to discuss potential changes to Rule 19-8.010 relating to the reimbursement contract.  Each year’s version of the reimbursement contract is adopted by the FHCF through formal rulemaking.  The changes typically account for law changes as well as other clarifying or […]

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An Early Look at the 2013 Legislative Agenda

An Early Look at the 2013 Legislative Agenda

| Written By: Travis Miller | Insurance

The campaign commercials on TV are a constant reminder that the fall election cycle is rapidly approaching.  The presidential election commands most of the attention, but state legislative races have the most immediate bearing on insurance legislation in this state.  As soon as the winners emerge from this fall’s elections, the legislature will hold and […]

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Nelson, Richter Release Insurance White Paper

Nelson, Richter Release Insurance White Paper

| Written By: Travis Miller | Insurance

Representative Bryan Nelson and Senator Garrett Richter have released a white paper entitled, “How Critical is Property Insurance in Florida?” drawing attention to Florida’s reliance on assessment (taxing) mechanisms to prop up the state’s insurance market.  Nelson and Richter point out that Florida is making promises through three government-run entities that the state probably will […]

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