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DRAFT 10/13/2020 FLORIDA HURRICANE CATASTROPHE FUND (FHC) EXPOSURE EXAMINATION CONTRACT YEAR 20202021 ADVANCE PREPARATION Instructions following instructions are provided to help your Company prepare
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What is wwwsbaflacomfhcfportalsflorida hurricane catastrophe fund?
The Florida Hurricane Catastrophe Fund (FHCF) is a state-run program that provides reimbursement to insurers for a portion of their catastrophic hurricane losses.
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Insurance companies operating in the state of Florida are required to file with the FHCF.
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Insurance companies can fill out the FHCF forms online through the FHCF portal.
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The purpose of the FHCF is to provide a stable and affordable reinsurance market for hurricane risks in Florida.
What information must be reported on wwwsbaflacomfhcfportalsflorida hurricane catastrophe fund?
Insurance companies must report relevant financial and loss data on the FHCF forms.
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