summary
Introduced
In Committee
Crossed Over
Passed
Dead
Introduced Session
2013 Regular Session
Bill Summary
Requires OIR to contract with FIU to enhance capability of public model for hurricane loss projections to predict & assess certain hurricane damage; provides appropriation. APPROPRIATION:
AI Summary
This bill requires the Office of Insurance Regulation (OIR), a state agency that oversees insurance companies, to enter into an agreement with Florida International University (FIU) to improve a public model used for predicting hurricane damage. This enhanced model will be better equipped to forecast and evaluate both windstorm and flood damage caused by hurricanes, providing a more comprehensive assessment of potential losses. To support this initiative, $250,000 in non-recurring funds from the Insurance Regulatory Trust Fund is allocated to the OIR for the 2013-2014 fiscal year, and the act will become effective on July 1, 2013.
Committee Categories
Budget and Finance, Business and Industry, Government Affairs
Sponsors (1)
Other Sponsors (2)
Government Operations Appropriations Subcommittee (House), Insurance and Banking Subcommittee (House)
Last Action
Died on Calendar (on 05/03/2013)
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| House Committee Strike All Amendment #981765 | http://www.flsenate.gov/Session/Bill/2013/1247/Amendment/981765/PDF |
| House Committee Strike All Amendment #495785 | http://www.flsenate.gov/Session/Bill/2013/1247/Amendment/495785/PDF |
| Bill | http://www.flsenate.gov/Session/Bill/2013/1247/BillText/c2/PDF |
| Bill | http://www.flsenate.gov/Session/Bill/2013/1247/BillText/c1/PDF |
| Bill | http://www.flsenate.gov/Session/Bill/2013/1247 |
| Bill | http://www.flsenate.gov/Session/Bill/2013/1247/BillText/Filed/PDF |
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