Insurance Capital Build-Up Incentive Program: annual report to the President of the Senate and the Speaker of the House of Representatives | Florida Statutorily Required Reports

Serial

Metadata

Title	Title Title Insurance Capital Build-Up Incentive Program: annual report to the President of the Senate and the Speaker of the House of Representatives Title Type alternative Title Insurance Capital Build-Up Incentive Program annual report Title Type alternative Title Insurance Capital Build-Up Incentive Program, administered by the State Board of Administration of Florida, annual report to the President of the Senate and the Speaker of the House of Representatives
Organizations	Organizations Creator (cre): Florida. State Board of Administration.
Description	Description Section 215.5595(9), Florida Statutes requires the State Board of Administration to submit a report to the President of the Senate and the Speaker of the House of Representatives by February 1 of each year as to the results of the Insurance Capital Build-Up Incentive Program and each insurer's compliance with the terms of its surplus note. The Insurance Capital Build-Up Incentive Program (Program), administered by the State Board of Administration (SBA or Board), was created in section 215.5595, F.S. for the purpose of providing an incentive for investors to commit additional capital to Florida's residential insurance market and to write a minimum level of premiums for residential hurricane coverage.
Statute	Statute F.S. 215.5595
Submission Date	Submission Date February 1
Submitted By	Submitted By State Board of Administration
Designated Recipient	Designated Recipient Speaker of the House of Representatives President of the Senate
Subject	Subject Property insurance--Law and legislation--Florida Property insurance--Economic aspects--Florida Disaster insurance--Law and legislation--Florida
Use and Reproduction	Use and Reproduction This bibliographic record is available under the Creative Commons CC0 "No Rights Reserved" license. The State Library of Florida, as creator of this bibliographic record, has waived all rights to it worldwide under copyright law, including all related and neighboring rights, to the extent allowed by law.

Cite this

Share