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CS/SB 1372: Florida Hurricane Catastrophe Fund

GENERAL BILL by Banking and Insurance ; Alexander

Florida Hurricane Catastrophe Fund; Providing for calculation of an insurer’s reimbursement premium and retention under the reimbursement contract; revising coverage levels available under the reimbursement contract; revising aggregate coverage limits; providing for the phase-in of changes to coverage levels and limits; revising the cash build-up factor included in reimbursement premiums; providing for phase-in; reducing maximum allowable emergency assessments; changing the name of the Florida Hurricane Catastrophe Fund Finance Corporation; repealing provisions related to temporary emergency options for additional coverage, etc.

Effective Date: upon becoming a law
Last Action: 3/9/2012 Senate - Died in Budget Subcommittee on General Government Appropriations
Location: In committee/council (BGA)
Bill Text: Web Page | PDF
Senate Committee References:
  1. Banking and Insurance (BI)
  2. Budget Subcommittee on General Government Appropriations (BGA)
  3. Budget (BC)



Bill History

Date Chamber Action
12/27/2011 Senate • Filed
1/13/2012 Senate • Referred to Banking and Insurance; Budget -SJ 148
• Introduced -SJ 148
2/14/2012 Senate • On Committee agenda-- Banking and Insurance, 02/16/12, 8:00 am, 412 Knott Building
2/16/2012 Senate • CS by Banking and Insurance; YEAS 8 NAYS 1 -SJ 523
• Pending reference review under Rule 4.7(2) - (Committee Substitute)
2/20/2012 Senate • Now in Budget -SJ 523
2/21/2012 Senate • Subreferred to Budget Subcommittee on General Government Appropriations -SJ 534
• Now in Budget Subcommittee on General Government Appropriations
• CS by Banking and Insurance read 1st time -SJ 539
2/23/2012 Senate • On Committee agenda-- Budget Subcommittee on General Government Appropriations, 02/28/12, 10:45 am, 401 Senate Office Building --Temporarily Postponed
3/9/2012 Senate • Died in Budget Subcommittee on General Government Appropriations