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Glossary of Legislative Terms

SB 1448: Florida Hurricane Catastrophe Fund

GENERAL BILL by DiCeglie

Florida Hurricane Catastrophe Fund; Revising the definition of the term “retention”; requiring reimbursement contracts to contain a promise by the State Board of Administration to reimburse the insurer for applicable loss adjustment expenses; requiring that, for contracts and rates effective on or after a specified date, the loss adjustment expense included be a specified amount, etc.

Effective Date: 7/1/2026
Last Action: 3/13/2026 Senate - Died in Banking and Insurance
Bill Text: Web Page | PDF
Senate Committee References:
  1. Banking and Insurance (BI)
  2. Appropriations Committee on Agriculture, Environment, and General Government (AEG)
  3. Appropriations (AP)


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Bill History

Date Chamber Action
1/8/2026 Senate • Filed
1/16/2026 Senate • Referred to Banking and Insurance; Appropriations Committee on Agriculture, Environment, and General Government; Appropriations
1/22/2026 Senate • Introduced
3/13/2026 Senate • Died in Banking and Insurance