General Bill
Florida Hurricane Catastrophe Fund:
Revises retention multiple to be used starting on specified date; specifies method by which retention multiple must be adjusted for certain coverage levels; requires fund's rate formula to provide for rapid cash build-up; specifies how rapid cash build-up factor trigger is to be calculated; revises amount of money Legislature must appropriate each fiscal year; provides legislative intent that participating insurers must make one special rate filing after specified date; provides parameters & approval mechanism for such rate filing.
Effective Date:
upon becoming a law
Last Event:
Withdrawn prior to introduction on Friday, February 8, 2019 3:29 PM
(No Related Bills On Record)
| Event |
Time |
Member |
Committee |
Ver. |
|
Event:
H Withdrawn prior to introduction
|
Time:
02/08/2019 - 3:29 PM
|
Member:
Santiago
|
Committee:
|
Version:
__
|
|
Event:
H Now in Insurance & Banking Subcommittee
|
Time:
02/06/2019 - 5:50 PM
|
Member:
|
Committee:
Insurance & Banking Subcommittee
|
Version:
__
|
|
Event:
H Referred to Commerce Committee
|
Time:
02/06/2019 - 5:50 PM
|
Member:
|
Committee:
Commerce Committee
|
Version:
__
|
|
Event:
H Referred to Government Operations & Technology Appropriations Subcommittee
|
Time:
02/06/2019 - 5:50 PM
|
Member:
|
Committee:
Government Operations & Technology Appropriations Subcommittee
|
Version:
__
|
|
Event:
H Referred to Insurance & Banking Subcommittee
|
Time:
02/06/2019 - 5:50 PM
|
Member:
|
Committee:
Insurance & Banking Subcommittee
|
Version:
__
|
|
Event:
H Filed
|
Time:
01/25/2019 - 9:54 AM
|
Member:
Santiago
|
Committee:
|
Version:
__
|