Florida 2022 1st Special Session

Florida House Bill H0011 Compare Versions

Only one version of the bill is available at this time.

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10	10	F L O R I D A H O U S E O F R E P R E S E N T A T I V E S
11	11	R E P R E S E N T A T I V E S
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13	13	House Memorial 1
14	14	A memorial to the Congress of the United States, 2
15	15	urging Congress to establish a federal catastrophe 3
16	16	pool. 4
17	17	5
18	18	WHEREAS, the United States has a history of catastrophic 6
19	19	natural disasters, including, but not limited to, hurricanes, 7
20	20	tornadoes, flood, fire, earthquakes, and volcanic eruptions, and 8
21	21	WHEREAS, homeowner losses from natural disasters have been 9
22	22	on the rise as climate change triggers more frequent and 10
23	23	destructive hurricanes, floods, and wildfires, and 11
24	24	WHEREAS, insurance companies continue to raise premiums in 12
25	25	an attempt to remain solvent in the wake of increased claims 13
26	26	resulting from natural disasters, and 14
27	27	WHEREAS, small, private insurance companies cannot single -15
28	28	handedly afford substantial losses from having to pay claims 16
29	29	from natural disasters, and 17
30	30	WHEREAS, many parts of the nation have been overburdened by 18
31	31	the increase in rates and unavailability of insu rance, and 19
32	32	WHEREAS, residents of the State of Florida have been 20
33	33	severely overburdened by the increase in rates and 21
34	34	unavailability of insurance, and 22
35	35	WHEREAS, multiple insurance companies have become insolvent 23
36	36	and or have stopped writing insurance in the S tate of Florida, 24
37	37	and 25 
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46	46	F L O R I D A H O U S E O F R E P R E S E N T A T I V E S
47	47	R E P R E S E N T A T I V E S
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49	49	WHEREAS, Citizens Property Insurance, the State of 26
50	50	Florida's public insurer of last resort, has seen an increase of 27
51	51	more than 399,822 policies since the beginning of 2020 and now 28
52	52	has more than 1 million policies, and 29
53	53	WHEREAS, states currently have limited funding to cover 30
54	54	insurance losses from federally declared natural disasters, and 31
55	55	WHEREAS, Hurricane Ian is projected to cost the Federal 32
56	56	Government between $54 billion and $74 billion in total, and 33
57	57	WHEREAS, the Federal Government h as provided, and will 34
58	58	continue to provide, resources to pay for losses from future 35
59	59	catastrophic natural disasters, NOW, THEREFORE, 36
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61	61	Be It Resolved by the Legislature of the State of Florida: 38
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63	63	That the Congress of the United States is urged to 40
64	64	establish a federal catastrophe pool to spread the risk and 41
65	65	reduce the cost of insurance premiums and assist insurance 42
66	66	companies and residents of the State of Florida and of this 43
67	67	nation when natural disasters strike. 44
68	68	BE IT FURTHER RESOLVED that the Secret ary of State dispatch 45
69	69	copies of this memorial to the President of the United States, 46
70	70	to the President of the United States Senate, to the Speaker of 47
71	71	the United States House of Representatives, and to each member 48
72	72	of the Florida delegation to the United Stat es Congress. 49