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IntroducedFeb 28, 2025
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Passed Senate
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Passed House
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Signed into Law
Florida Hurricane Catastrophe Fund and Reinsurance Assistance; Specifying the retention multiple for specified contracts under the Florida Hurricane Catastrophe Fund program beginning on a certain date; providing the adjusted retention multiple for insurers electing the 100-percent coverage level; authorizing, rather than requiring, a certain formula to provide for a cash build-up factor; requiring the cash build-up factor to be frozen beginning in a specified contract year and to freeze for a specified period ending by a specified date; authorizing, rather than requiring, eligible RAP insurers to purchase RAP coverage; revising the coverage layers of the Florida Optional Reinsurance Assistance (FORA) program, etc.
Last Action See all actions
Senate • May 03, 2025: Indefinitely postponed and withdrawn from consideration
Latest Bill Text See all bill texts
Summary/Bill Text
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- May 03, 2025 | Senate
- Indefinitely postponed and withdrawn from consideration
- Mar 10, 2025 | Senate
- Introduced
- Mar 07, 2025 | Senate
- Referred to Banking and Insurance; Appropriations Committee on Agriculture, Environment, and General Government; Fiscal Policy
- Feb 28, 2025 | Senate
- Filed
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