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The Florida Senate

SB 1772: Florida Hurricane Catastrophe Fund

GENERAL BILL by Lee

Florida Hurricane Catastrophe Fund; Adding specified coverage level options required in reimbursement contracts between the State Board of Administration and insurers writing policies in this state; deleting the actual costs paid due to applying the cash build-up factor as a basis for certain separate rate filings under certain circumstances by residential property insurers; deleting a provision authorizing Citizens Property Insurance Corporation to implement rate increases to reflect the effect of the cash build-up factor, etc.

Effective Date: 1/1/2018
Last Action: 5/5/2017 Senate - Died in Banking and Insurance
Bill Text: Web Page | PDF
Senate Committee References:
  1. Banking and Insurance (BI)
  2. Appropriations Subcommittee on General Government (AGG)
  3. Appropriations (AP)

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  • Bill History

    Date Chamber Action
    3/7/2017 Senate • Filed
    3/14/2017 Senate • Referred to Banking and Insurance; Appropriations Subcommittee on General Government; Appropriations -SJ 222
    3/15/2017 Senate • Introduced -SJ 222
    5/5/2017 Senate • Indefinitely postponed and withdrawn from consideration
    • Died in Banking and Insurance

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  • SB 1772, Original Filed Version (Current Bill Version) Posted 3/7/2017 at 11:24 AM

    Bill Text:   Web Page | PDF
    Analyses:   None

    Related Bills (2)

    Bill Number Subject Filed By Relationship Last Action and Location Track Bills
    H 597 Florida Hurricane Catastrophe Fund Santiago Compare Last Action: 5/5/2017 H Died in Insurance and Banking Subcommittee
    S 1746 Insurance Flores Compare Last Action: 5/5/2017 S Died in Banking and Insurance

    Citations - Statutes (4)

    Citation Catchline Location in Bill Location In Bill Help
    215.555 Florida Hurricane Catastrophe Fund. Page 2 (pdf)
    627.062 Rate standards. Page 16 (pdf)
    627.0629 Residential property insurance; rate filings. Page 17 (pdf)
    627.351 Insurance risk apportionment plans. Page 18 (pdf)

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