The Reinsurance to Assist Policyholders program (“RAP”) was created by the Florida Legislature under s. 215.5551, F.S. and became effective on May 26, 2022. The program is administered by the State Board of Administration (“SBA”) and provides a non-recurring total of $2 billion in coverage for a portion of RAP insurers’ hurricane losses. The program requires participation for almost all insurers participating in the Florida Hurricane Catastrophe Fund (FHCF); exceptions to participation can be found in the Frequently Asked Questions.

Please note: RAP insurers for the 2023 contract year can click here for information on preparing to submit loss reports for Hurricane Idalia, if needed. All RAP loss reports are required to be submitted using the FHCF Online Claims system. Hard copies of forms or reports will not be accepted. To register or submit loss reports, the Online Claims system can be accessed at https://fhcfclaims.paragon.aon.com/Claims/.

If there are questions remaining after reviewing the information available on this site, please send an email to RAP@sbafla.com.

RAP insurers can determine their RAP retention and RAP maximum payout by multiplying their FHCF premium by the appropriate multiples below.

FHCF 2022 premiums can be found at https://fhcf.paragon.aon.com/rates-and-premium/2022/

FHCF 2023 premiums can be found at https://fhcf.paragon.aon.com/rates-and-premium/2023/