About the FHCF - Florida Hurricane Catastrophe Fund
Published by State Board of Administration of Florida, Florida Hurricane Catastrophe Fund. Jurisdiction FL.
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The Florida Hurricane Catastrophe Fund is a tax-exempt state trust fund created by section 215.555, Florida Statutes, under the direction and control of the State Board of Administration.
claim fhcf-about#c1The FHCF provides reimbursements to residential property insurance companies for a portion of their catastrophic hurricane losses in Florida.
claim fhcf-about#c2Participation in the FHCF is mandatory for all residential property insurance companies doing business in Florida, and each company is required to enter into a reimbursement contract with the FHCF.
claim fhcf-about#c3The FHCF is funded only with premium revenues paid by residential property insurance companies, investment income, and in some circumstances revenue bonds backed by emergency assessments on most types of property and casualty insurance premiums.
claim fhcf-about#c4
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