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CS/SB 1460: Florida Hurricane Catastrophe Fund/Contract Year [WPSC]

GENERAL BILL by Banking and Insurance ; Richter

Florida Hurricane Catastrophe Fund/Contract Year [WPSC]; Revises the method by which an insurer's retention is calculated. Revises contract years relating to minimum retention levels. Extends the expiration date of certain provisions of state law. Increases the maximum financial obligations of the SBA with respect to all contracts covering a particular contract year. Revises contract years for which a TICL options addendum must provide for reimbursement of TICL insurers for covered events, etc.

Effective Date: 04/15/2010
Last Action: 4/15/2010 - Approved by Governor -SJ 00617; Chapter No. 2010-10
Bill Text: Web Page | PDF



Bill History

Date Chamber Action
1/27/2010 Senate • Filed
2/3/2010 Senate • Referred to Banking and Insurance
2/5/2010 Senate • On Committee agenda-- Banking and Insurance, 02/16/10, 1:30 pm, 412-K
2/16/2010 Senate • CS by- Banking and Insurance; YEAS 9 NAYS 0
2/17/2010 Senate • Pending reference review -under Rule 4.7(2) - (Committee Substitute)
2/25/2010 Senate • Placed on Calendar, on 2nd reading
3/2/2010 Senate • Introduced, referred to Banking and Insurance -SJ 00104; On Committee agenda-- Banking and Insurance, 02/16/10, 1:30 pm, 412-K; CS by- Banking and Insurance; YEAS 9 NAYS 0 -SJ 00164; CS read 1st time on 03/02/10 -SJ 00159; Pending reference review -under Rule 4.7(2) - (Committee Substitute); Placed on Calendar, on 2nd reading -SJ 00165; Placed on Special Order Calendar; Read 2nd time -SJ 00006
3/3/2010 Senate • Read 3rd time -SJ 00180; CS passed; YEAS 38 NAYS 0 -SJ 00180
3/16/2010 House • In Messages
3/18/2010 House • Received -HJ 00333; Referred to Calendar -HJ 00333
3/23/2010 House • Placed on Special Order Calendar; Substituted for HB 949 -HJ 00367; Read 2nd time -HJ 00367
3/24/2010 House • Read 3rd time -HJ 00386; CS passed; YEAS 115 NAYS 0 -HJ 00386
3/31/2010 Senate • Ordered enrolled -SJ 00407
4/9/2010 • Signed by Officers and presented to Governor -SJ 00576
4/15/2010 • Approved by Governor -SJ 00617; Chapter No. 2010-10