10024579, 19-8.010 - Florida Administrative Rules, Law, Code, Register

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Florida Department of State and Division of Library and Information Services

Notice: 10024579

Notice of Development of Rulemaking

Department:

STATE BOARD OF ADMINISTRATION

Chapter:

ADMINISTRATION OF THE FLORIDA HURRICANE CATASTROPHE FUND

Overview

RULE:

19-8.010

Reimbursement Contract

PURPOSE:

The State Board of Administration of Florida, Florida Hurricane Catastrophe Fund (FHCF), seeks to amend the rule listed above to implement Section 215.555, F.S., as amended by the 2011 Legislature.

SUBJECT:

Implementation of 2011 legislative changes to Section 215.555, F.S., in CS/CS/CS/SB 408, which became law on May 17, 2011. This law necessitates changes to the 2011/2012 Reimbursement Contract to redefine losses reimbursable by the FHCF and to clarify exclusions from coverage. The only change to the rule is the revision date for the Reimbursement Contract. The legislative changes are implemented through an Addendum Number Four to the 2011/2012 Reimbursement Contract. The proposed changes to the rule and a draft of the Addendum are available on the FHCF website at www.sbafla.com/fhcf under FHCF Rules.

RULEMAKING AUTHORITY:

215.555(3) FS.

LAW:

215.555 FS.

PRINT PUBLISH DATE:

6/24/2011 Vol. 37/25

RELATED STATUTES
AND LAWS:

215.555(3) FS., 215.555 FS.

OVERSIGHT COMMITTEE:

Joint Administrative Procedures Committee
Florida Administrative Law Central Online Network (F.A.L.C.O.N.)

RELATED COURT CASES:

Division of Administrative Hearings

FEDERAL eRULEMAKING
WEB PORTAL:

Regulations.gov

HOW TO LINK TO
THIS NOTICE:

http://flrules.org/gateway/ruleno.asp?id=19-8.010&PDate=6/24/2011&Section=1

REFERENCE MATERIALS:

No reference(s).

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