Florida Hurricane Catastrophe Fund Archives - Page 8 of 19

Citizens-Lite Bill Heads to Governor

Published on: May 3rd, 2013 | Written By: Travis Miller | Insurance

After months of committee meetings and discussions, the Florida legislature reached compromises on changes to Citizens Property Insurance Corporation in SB 1770. The bill now heads to Governor Scott’s desk for review. The months leading up to the 2013 legislative session included discussion of far-reaching proposals that would aggressively restore Citizens to its role as […]

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FHCF Right-Sizing Becomes Bite-Sized

Published on: April 21st, 2013 | Written By: Travis Miller | Insurance

Discussions about the proper size of the Florida Hurricane Catastrophe Fund have been intense throughout the 2013 legislative session. The FHCF proposed last year that it should be reduced in size to better ensure it can meet its reimbursement obligations to insurers. However, last year’s proposal called for changes that were too significant and would […]

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Omnibus Bill Advances Through House, Goes to Senate

Published on: April 20th, 2013 | Written By: Travis Miller | Insurance

The so-called omnibus bill (HB 635) has passed the House of Representatives by a 100-17 margin and has been referred to the Florida Senate. The bill addresses a wide range of insurance matters, consisting primarily of issues that generally are thought not to be controversial. The range of issues covered by the bill includes: Extending […]

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Cat Fund bill moves in House, but stalled in Senate

Published on: April 11th, 2013 | The Florida Current

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Bill Newton: Support Cat Fund reform bill

Published on: April 9th, 2013 | South Florida Sun-Sentinel

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Scope of FHCF Still Unclear as Session Goes On

Published on: April 2nd, 2013 | Written By: Travis Miller | Insurance

The size of the Florida Hurricane Catastrophe Fund in future years continues to be a widely discussed issue in the current legislative session. We have now reached the halfway point but it is still unclear how this issue will play out. Jack Nicholson of the FHCF advocated a reduction in the FHCF’s size last year […]

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Florida Hurricane Catastrophe Fund

Citizens-Lite Bill Heads to Governor

FHCF Right-Sizing Becomes Bite-Sized

Omnibus Bill Advances Through House, Goes to Senate

Cat Fund bill moves in House, but stalled in Senate

Bill Newton: Support Cat Fund reform bill

Scope of FHCF Still Unclear as Session Goes On

Tackle financial exposure to storms

Reinsurers hoping to reinsert Cat Fund provisions on insurance bill

Citizens is political minefield in Capitol debate

Schultz commentary: Florida Legislature must show new thinking on property insurance