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The Florida Hurricane Catastrophe Fund (FHCF) was created in 1993 in response to the Florida property insurance crisis resulting from Hurricane Andrew. The purpose for this state tax-exempt trust fund was to encourage additional insurance capacity in the state by providing a stable and ongoing source of reimbursement to insurers for a portion ...
In 1984 the Florida Division of Emergency Management was created from a Bureau within the Division of Public Safety Planning and Assistance. This was based, in part, on a reorganization at the federal level in 1979. In 1992 Hurricane Andrew struck South Florida, revealing the need for a redesign of Florida's emergency management operations. The ...
Brown & Brown, Inc. (Brown & Brown Insurance) is an insurance brokerage firm, specialising in risk management. Headquartered in Daytona Beach, Florida, Brown & Brown has 450+ locations worldwide. In 2021 the company ranked as the fifth largest independent insurance brokerage in the U.S. and sixth largest in the world by Business Insurance ...
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The public sector remains the last stand for the antiquated, lifetime career–focused approach to pensions. Nationwide, state-run pensions have accrued debts exceeding $1 trillion , generating ...
Risk management is the identification, evaluation, and prioritization of risks, [1] followed by the minimization, monitoring, and control of the impact or probability of those risks occurring. [2]
PERI provides public entities, small businesses, and nonprofit organizations with enterprise risk management information, training, data, and data analysis. PERI’s goal, as stated on their website, [1] is to be a leader and resource in the field of risk management.
Florida logs reports of serious incidents that occur inside its juvenile prisons, but the state does not maintain a database that allows for the analysis of trends across the system. HuffPost obtained the documents through Florida’s public records law and compiled incident reports logged between 2008 and 2012.