Florida · Senate Bill 1712 · 2025 Regular Session

Florida Hurricane Catastrophe Fund and Reinsurance Assistance

SB 1712 Sponsored by Nick DiCeglie Died in committee

  1. Introduced Feb 28, 2025
  2. In committee Mar 7, 2025
  3. Died  
  4. Passed the House  
  5. To the governor  
  6. Became law  

What it does

The legislature's own summary of the bill, or its official long title.

Florida Hurricane Catastrophe Fund and Reinsurance Assistance; Specifying the retention multiple for specified contracts under the Florida Hurricane Catastrophe Fund program beginning on a certain date; providing the adjusted retention multiple for insurers electing the 100-percent coverage level; authorizing, rather than requiring, a certain formula to provide for a cash build-up factor; requiring the cash build-up…

Read the full title (102 words)

Florida Hurricane Catastrophe Fund and Reinsurance Assistance; Specifying the retention multiple for specified contracts under the Florida Hurricane Catastrophe Fund program beginning on a certain date; providing the adjusted retention multiple for insurers electing the 100-percent coverage level; authorizing, rather than requiring, a certain formula to provide for a cash build-up factor; requiring the cash build-up factor to be frozen beginning in a specified contract year and to freeze for a specified period ending by a specified date; authorizing, rather than requiring, eligible RAP insurers to purchase RAP coverage; revising the coverage layers of the Florida Optional Reinsurance Assistance (FORA) program, etc.

Every action

5 steps, oldest first, as the legislature records them.

  1. SenateFiled
  2. CommitteeReferred to Banking and Insurance; Appropriations Committee on Agriculture, Environment, and General Government; Fiscal Policy · Senate Banking and Insurance
  3. SenateIntroduced
  4. SenateIndefinitely postponed and withdrawn from consideration
  5. CommitteeDied in Banking and Insurance · Senate Banking and Insurance

Roll calls

No recorded votes on this bill yet.

Sponsors

The member who introduced it.

From Florida's official records (flsenate.gov), checked Nov 14, 2026. Text links go to the official versions; LegiList does not copy bill text.