Subject
This is a meeting of the Trustees of the State Board of Administration to provide permission for the SBA to file Rule 19-15.001, F.A.C., Insurance Capital Build-Up Program, for Notice of Proposed Rulemaking and adoption if no hearing is requested in a timely manner; to provide the Florida Hurricane Catastrophe Fund with approval of the 2007/2008 Premium Formula and Proposed 2007 Rates; to provide permission for the Florida Hurricane Catastrophe Fund to file Rule 19-8.028, F.A.C., Reimbursement Premiums, for Notice of Proposed Rulemaking; to approve the filing for adoption of Rule 19-8.010, F.A.C., Reimbursement Contract, Rule 19-8.029, F.A.C., Insurer Reporting Requirements, and Rule 19-8.030, F.A.C., Insurer Responsibilities. In addition, the Trustees will be requested to appoint a Chair for the Florida Commission on Hurricane Loss Projection Methodology and will also address other general business.
Rule 19-15.001, F.A.C., Insurance Capital Build-Up Incentive Program, and the incorporated forms are available on the website of the State Board of Administration of Florida, www.sbafla.com. Rules 19-8.010, F.A.C., Reimbursement Contract, 19-8.028, F.A.C., Reimbursement Premium, 19-8.029, F.A.C., Insurer Reporting and 19-8.030, F.A.C., Insurer Responsibilities and the incorporated forms are available on the Florida Hurricane Catastrophe Fund website, www.sbafla.com/fhcf.