HB 1293

  • Florida House Bill
  • 2024 Regular Session
  • Introduced in House
  • House
  • Senate
  • Governor

Florida Hurricane Catastrophe Fund and Reinsurance Assistance

Bill Subjects

Subject Index

Abstract

Florida Hurricane Catastrophe Fund and Reinsurance Assistance; Revises provisions for Florida Hurricane Catastrophe Fund including, retention multiple, adjusted retention multiple, reimbursement contracts, loss adjustment expense; contract obligations; reimbursements, & reimbursement premium formula; authorizes eligible Reinsurance to Assist Policyholders program insurers to purchase RAP coverage under program; revises reimbursement under RAP program; removes provision prohibiting premiums from being charged for participation in program; revises coverage layers of Florida Optional Reinsurance Assistance program; requires transfer of specified amount from FORA Fund into Florida Hurricane Catastrophe Fund.

Bill Sponsors (5)

Votes


No votes to display

Actions


Mar 08, 2024

House

Died in Insurance & Banking Subcommittee

Jan 13, 2024

House

Referred to Insurance & Banking Subcommittee

House

Referred to State Administration & Technology Appropriations Subcommittee

House

Referred to Commerce Committee

House

Now in Insurance & Banking Subcommittee

Jan 09, 2024

House

1st Reading (Original Filed Version)

Jan 05, 2024

House

Filed

Bill Text

Bill Text Versions Format
H 1293 Filed PDF

Related Documents

Document Format
No related documents.

Sources

Data on Open States is updated periodically throughout the day from the official website of the Florida Legislature.

If you notice any inconsistencies with these official sources, feel free to file an issue.