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Record Group Number: 000120
Series/Collection Number: .S 2203
Creator: Florida Commission on Hurricane Loss Projection Methodology.
Title, Dates: Minutes, 1994-2013.
Amount: 15.5 cubic ft.
Medium Included:
Organization/Arrangement: Chronological by meeting date.
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Biographical/Historical:     The State Board of Administration (SBA) is a constitutional entity of Florida state government that provides a variety of investment services to various governmental entities. Created by the Florida Legislature in 1929 (Chapter 14486, Laws of Florida; amended to the 1885 Constitution as Article IV, Section 16, 1942, Senate Joint Resolution 324, 1941; continued under Article XII, Section 9, 1968 Constitution and Ch. 69-106, Laws), its members are the Governor, the Chief Financial Officer, and the Attorney General. The Board's statutory mandate is to invest, manage and safeguard assets of the Florida Retirement System (FRS) and its 25 trust funds and pension plans used for a number of investment services. In addition, the SBA provides administrative services to the Florida Prepaid College Board and the Division of Bond Finance.

    The Florida Legislature created the Commission on Hurricane Loss Projection Methodology in 1995 to meet the state's need to accurately and reliably project hurricane losses for insurance purposes (Ch. 95-276, Laws). Operating in accordance with Section, 627.0628, Florida Statutes, the Commission is an independent commission administratively housed in and supported by the State Board of Administration. The Commission is mandated to review and adopt findings as to actuarial methods, principles, standards, models, or output ranges that have the potential for improving the accuracy or reliability of the hurricane loss projections used in residential property insurance rate filings and in projecting probable maximum loss levels.
Summary:     This series consists primarily of transcripts of meetings of the Florida Commission on Hurricane Loss Projection Methodology documenting the Commission's activities and deliberations.  The series also includes agendas and meeting informational/background materials as well as printed annual reports (November) for some years.
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Subject Access Fields: Florida. State Board of Administration.
Hurricanes Florida
Insurance, Property Florida
Insurance Florida
Disaster relief Florida
Emergency management Florida
Emergency preparedness.
Minutes. aat
Added Entries Florida. State Board of Administration.