These documents are provided for informational purposes only. Although they are believed to be reliable, they are not guaranteed as to accuracy or completeness. The Florida Statutes, along with the Rules adopted by the State Board of Administration of Florida (SBA), are the authoritative source on all FHCF policies and requirements.
The Interim Loss Report (Form FHCF-L1A Rev 04/14) is due from each participating FHCF company at the request of the FHCF. The FHCF will also notify participants if subsequent Interim Loss Reports are required.
In addition to the first Proof of Loss Report (Form FHCF-L1B Rev 04/14) that qualifies for an FHCF reimbursement, a Detailed Claims Listing (Form FHCF-DCL Rev 04/14) is due from each participating FHCF company. Each participating FHCF company must also submit a POL by 12/31/14 and a yearly 12/31/XX POL thereafter until FHCF losses have been commuted or the company has paid its policyholders in full.
Quarterly POLs are due depending on the ratio of Covered Losses to FHCF Retention as stated below:
- By 3/31/15 if losses exceed or are expected to exceed 50% of its Retention.
- By 6/30/15 if losses exceed or are expected to exceed 75% of its Retention.
- By 9/30/15 if losses exceed or are expected to exceed 100% of its Retention.
- By each subsequent quarter-end if losses exceed or are expected to exceed 100% of its Retention until the company has paid its policyholders in full.