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DRAFT 10/11/2017FLORIDA HURRICANE CATASTROPHE FUND (FHC) LOSS REIMBURSEMENT EXAMINATION CONTRACT YEAR 20172018 ADVANCE PREPARATION INSTRUCTIONS Company: Date of Examination: Advance Records Due: Events:
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To fill out the Florida Hurricane Catastrophe Fund, follow these steps:
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Start by accessing the official website of the Florida Hurricane Catastrophe Fund.
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Who needs florida hurricane catastrophe fund?
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The Florida Hurricane Catastrophe Fund is designed to provide reinsurance coverage to residential property insurers in Florida. Therefore, the main beneficiaries of the fund are the residential property insurance companies operating in Florida. These companies need the fund to mitigate the financial risks associated with catastrophic events like hurricanes. By having coverage through the fund, insurers can better manage the potential losses and ensure that they are able to fulfill their obligations to policyholders in the event of a hurricane or other catastrophic events.
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