Guest Column: Don’t expand state’s role in hurricane coverage
Florida Hurricane Catastrophe Fund, Citizens Property Insurance Corporation
News & Updates
Florida Hurricane Catastrophe Fund
Summary of SB 1460 filed by Garrett Richter
Richter is the chair of the Senate Banking and Insurance Committee. This bill would address an accounting problem created by last year’s change in the “contract year” for the Florida Hurricane Cat Fund coverage. Last year’s change was intended to help insurers negotiate their reinsurance agreements earlier in the year with much more lead time […]
Rep. Bill Proctor: One big storm could wreck Florida’s economic recovery
consumer choice, Florida Hurricane Catastrophe Fund, Citizens Property Insurance Corporation
Limited Apportionment Form Available
An insurer with $25 million or less in surplus and writing at least 25% of its countrywide property insurance premiums in Florida may file a petition to become a “limited apportionment company.” By law, an insurer must submit its request to be a limited apportionment company within the first 90 days of each calendar year. […]
Hurricane Luck: Don’t Ignore Fund
Florida agents hope State Farm can stay in-state
Florida Hurricane Catastrophe Fund, Office of Insurance Regulation, Citizens Property Insurance Corporation