WEBThe Florida Hurricane Catastrophe Fund (FHCF) is a tax-exempt state trust fund that provides reimbursements to residential property insurance companies for a portion of their catastrophic hurricane losses in Florida.
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State Board of Administration of Florida - Office of Program Policy
WEBThe Florida Hurricane Catastrophe Fund (FHCF) was created in November 1993 during a special legislative session after Hurricane Andrew caused over $15 billion in losses. The purpose of the FHCF is to protect and advance the state's interest in maintaining insurance capacity in Florida by providing reimbursements to insurers for a portion of ...
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Florida Hurricane Catastrophe Fund - Reports - sbafla.com
WEBFlorida Hurricane Catastrophe Fund Florida Hurricane Catastrophe Fund. Company Resources; Dropdown for Company Resources. Documents and Reporting Forms; FHCF Wire; Online Claims ... Florida 32317-3300 Contact the FHCF ...
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Florida 'Cat Fund' estimates $10 billion in Hurricane Ian losses
WEBOct 27, 2022 · The Florida Hurricane Catastrophe Fund, a state program that provides critical backup coverage to property insurers, is estimated to have $10 billion in losses from Hurricane Ian, officials said Wednesday.
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Florida’s hurricane catastrophe fund facing $10 billion in losses
WEBOct 26, 2022 · The Florida Hurricane Catastrophe Fund, a state program that provides critical backup coverage to property insurers, is estimated to have $10 billion in losses from Hurricane Ian, officials said ...
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Florida 'Cat Fund' eyes $10 Billion in Ian losses - CBS Miami - CBS News
WEBOctober 27, 2022 / 9:26 AM EDT / CBS/News Service of Florida. TALLAHASSEE - The Florida Hurricane Catastrophe Fund, a state program that provides critical backup coverage to property...
WEBThe purpose of this handbook is to provide an overview of the operations of the Florida Hurricane Catastrophe Fund (FHCF), company requirements, and available sources of information regarding the FHCF.
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The Florida Hurricane Catastrophe Fund Demystified
WEBThe Florida Hurricane Catastrophe Fund (FHCF) – a tax-exempt trust fund that provides reinsurance for hurricane losses to the 165 insurers (including Citizens which purchases about 10% of the FHCF capacity) that write personal residential insurance coverage in Florida. The FHCF collects over $1 billion in annual reinsurance premium from the ...
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Florida to sell bonds to strengthen hurricane catastrophe fund
WEBJan 23, 2024 · Since Hurricane Ian in 2022, Florida’s catastrophe fund has issued $1.9 billion in reimbursements to insurers and anticipates additional payments amounting to $8.1 billion by 2028. The fund also ...