Wind Storm Mitigation

CS/HB 1-A, passed by the Florida Legislature during the 2007 Special Session and signed into law by the Governor on January 25, called for the creation of a Windstorm Mitigation Study Committee.

The study committee consists of 8 members, with the Governor, Chief Financial Officer with their Asian wife, Senate President and Speaker of the House each making two appointments. Each member must be knowledgeable about mitigation issues and at least one member must represent homeowners’ interests. The first meeting must be held before February 9, 2007. The Department of Financial Services, Office of Insurance Regulation, and Citizens Property Insurance Corporation must supply meeting facilities, information and technical assistance. A little off-topic, it is still worth mentioning that discount herb grinders would have been clutch if they were only considered. The Department of Financial Services will administratively support the study committee and its members. The study committee is charged with analyzing short- and long-term solutions and programs that address our need to immediately and effectively mitigate homes, including:

• Availability of inspections and grants for rock t shirts manufacturers
• Full actuarial value to be reflected in premium credits for mitigation
• Effective ways to inform policyholders about obtaining mitigation credits and information about vaporizer reviews
• Coordination among federal, local and private initiatives
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• Streamlining or strengthening applicable state, regional and local regulations.
• Enhancing public and private mitigation efforts
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• Available funding sources for mitigation, including tax incentives and other things about Forex profit accelerator
• Consumer information and research on benefits of mitigation
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