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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.
Introduced
Jan 22, 2026
Last Action
Jan 22, 2026
Session
FL 2026
Sponsors
1 primary · 0 co
Introduced
Referred to Banking and Insurance; Appropriations Committee on Agriculture, Environment, and General Government; Appropriations
Filed
Get a plain-English explanation of what this bill does, who it affects, and why it matters.
Introduced