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HB 1055: Florida Hurricane Catastrophe Fund

GENERAL BILL by Hager

Florida Hurricane Catastrophe Fund; Revises definitions of terms "covered policy," "retention," & "corporation"; provides for calculation of insurer's reimbursement premium & retention under reimbursement contract; revises coverage levels available under reimbursement contract; revises aggregate coverage limits; provides for phase-in of changes to coverage levels & limits; changes name of Florida Hurricane Catastrophe Fund Finance Corporation; repeals provisions relating to temporary emergency options for additional coverage; provides for recoupment of certain costs of reinsurance.

Effective Date: upon becoming a law
Last Action: 2/27/2013 House - Withdrawn prior to introduction, companion bill(s) passed, see CS/SB 1770 (Ch. 2013-60) -HJ 104
Bill Text: PDF

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  • Bill History

    Date Chamber Action
    2/26/2013 House • Filed
    2/27/2013 House • Withdrawn prior to introduction, companion bill(s) passed, see CS/SB 1770 (Ch. 2013-60) -HJ 104

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  • HB 1055, Original Filed Version (Current Bill Version) Posted 2/26/2013 at 3:40 PM

    Bill Text:   PDF
    Analyses:   None

    Related Bills (4)

    Bill Number Subject Filed By Relationship Last Action and Location Track Bills
    H 909 (e1) Property Insurance Wood Compare Last Action: 5/3/2013 H Died on Calendar, companion bill(s) passed, see CS/SB 1770 (Ch. 2013-60), SB 1850 (Ch. 2013-61)
    Location: On 3rd Reading Calendar
    H 1107 (c2) Florida Hurricane Catastrophe Fund Hager Compare Last Action: 5/3/2013 H Died on Calendar, companion bill(s) passed, see CS/CS/SB 468 (Ch. 2013-66), CS/SB 1770 (Ch. 2013-60)
    Location: On 2nd Reading Calendar
    S 1262 Florida Hurricane Catastrophe Fund Hays Compare Last Action: 5/3/2013 S Died in Appropriations, companion bill(s) passed, see CS/SB 1770 (Ch. 2013-60)
    Location: In committee/council (AP)
    S 1770 (er) Property Insurance Banking and Insurance Compare Last Action: 5/29/2013 Chapter No. 2013-60, companion bill(s) passed, see SB 1850 (Ch. 2013-61)
    Location: Became Law

    Citations - Statutes (3)

    Citation Catchline Location in Bill Location In Bill Help
    215.555 Florida Hurricane Catastrophe Fund. Page 1 (pdf), Page 14 (pdf)
    627.062 Rate standards. Page 20 (pdf)
    627.0629 Residential property insurance; rate filings. Page 20 (pdf)

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