CALENDAR: Insurance-Related Meetings: August 17-21
Aug 14, 2009
Monday, August 17
NAIC Valuation Method Principles-Based Reserve Reporting Subgroup Meeting
The National Association of Insurance Commissioners (“NAIC”) Valuation Method Principles-Based Reserve Reporting Subgroup of the Life and Health Actuarial Task Force will meet via teleconference on Monday, August 17, at 2:00 p.m. (EST) to discuss Valuation Method-50: Experience Reporting Requirements. The registration call-in number is: 412.317.6715.
NAIC Statistical Subgroup Meeting
The NAIC Statistical Subgroup of the Casualty Actuarial and Statistical Task Force will meet via teleconference on Monday, August 17, at 2:00 p.m. (EST) to discuss Part A of the Guideline for Implementation of Medical Professional Liability Closed Claim Reporting. The registration call-in number is: 412.317.6715.
Tuesday, August 18
OIR Rule Development
The Florida Office of Insurance Regulation (“OIR”) has issued a Notice of Rulemaking Development regarding Rule 69O-170.0155, entitled “Forms.”
Because the My Safe Florida Home program has concluded and is no longer offering free home inspections or mitigation grants, the proposed Rule amendments would, in part, revise the following form:
- OIR-B1-1655: Notice of Premium Discounts for Hurricane Loss Mitigation references to the My Safe Florida Home program would be removed.
Amendment of the following form also has been proposed:
- OIR-B1-1802: Uniform Mitigation Verification Inspection Form revisions would incorporate terminology commonly used in the construction industry to describe the construction features to be inspected and to require the inspector and homeowner to verify that the inspector actually conducted the inspection.
If a Rule Development Workshop is requested in writing and not deemed unnecessary by the agency head, one will be held at the date, time, and place shown below:
Date: Tuesday, August 18, 2009
Time: 9:30 a.m.
Place: Room 142 of the Larson Building, 200 East Gaines Street, Tallahassee
NAIC Valuation Method Principles-Based Reserve Reporting and Review Subgroup Meeting
The NAIC Valuation Method Principles-Based Reserve Reporting and Review Subgroup of the Life and Health Actuarial Task Force will meet via teleconference on Tuesday, August 18, at 1:00 p.m. (EST) to discuss Valuation Method-30: Actuarial Opinion and Memorandum Requirements and Valuation Method-31: Reporting and Documentation Requirements for Business Subject to a Principles-Based Reserve Valuation. The registration call-in number is: 412.317.6715.
FSIGA Board of Directors Meeting
The Florida Self-Insurers Guaranty Association (“FSIGA”) Board of Directors will meet on Tuesday, August 18, at 3:00 p.m. in the Orlando World Center Marriott, 8701 World Center Drive, Orlando.
Wednesday, August 19
Board of Employee Leasing Companies Meeting
The Board of Employee Leasing Companies will meet via teleconference on Wednesday, August 19, at 10:00 a.m. The call-in number for this meeting is: 888.808.6959; conference code: 9226020. To view the meeting agenda, click here.
Citizens Claims Committee Meeting
The Citizens Property Insurance Corporation (“Citizens”) Claims Committee will meet via teleconference on Wednesday, August 19, at 10:30 a.m. The call-in number for this meeting is: 888.302.3367.
NAIC Valuation Method Principles-Based Reserve Process and Coordination Subgroup Meeting
The NAIC Valuation Method Principles-Based Reserve Process and Coordination Subgroup of the Life and Health Actuarial Task Force will meet via teleconference on Wednesday, August 19, at 1:00 p.m. (EST) to discuss Valuation Method-00: The Valuation Manual and Valuation Method-01: Definitions for Terms in Requirements. The registration call-in number is: 412.317.6715.
Florida Health Insurance Advisory Board
The Florida Health Insurance Advisory Board will meet via teleconference on Wednesday, August 19, from 1:00 p.m. through 3:00 p.m. The call-in number for this meeting is: 319.279.1000; conference code: 244269.
Thursday, August 20
FWCJUA Audit Committee
The Florida Workers’ Compensation Joint Underwriting Association (“FWCJUA”) Audit Committee will meet via teleconference on Thursday, August 20, at 10:00 a.m. Call-in information will be provided when it becomes available. To view the meeting agenda, click here.
NAIC Valuation Method Principles-Based Reserve Life Subgroup Meeting
The NAIC Valuation Method Principles-Based Reserve Life Subgroup of the Life and Health Actuarial Task Force will meet via teleconference on Thursday, August 20, at Noon (EST) to discuss Valuation Valuation Method-20: Requirements for Principles-Based Reserves for Life Products. The registration call-in number is: 412.317.6715.
OIR Rule Development
The Florida Office of Insurance Regulation has issued a Notice of Rulemaking Development regarding Rule 69O-170.0144, entitled “Public Hurricane Loss Projection Model Fee Schedule.”
The proposed Rule would amend the current statutory fee schedule for residential property insurers to access and use the Florida Public Hurricane Loss Projection Model. To view the current fee, click on the Rule number above.
If a Rule Development Workshop is requested in writing and not deemed unnecessary by the agency head, one will be held at the date, time, and place shown below:
Date: Thursday, August 20, 2009
Time: 2:00 p.m.
Place: Room 142 of the Larson Building, 200 East Gaines Street, Tallahassee
NAIC Valuation Method Principles-Based Reinsurance Subgroup Meeting
The NAIC Valuation Method Principles-Based Reinsurance Subgroup of the Life and Health Actuarial Task Force will meet via teleconference on Friday, August 21, at 2:00 p.m. (EST) to discuss Valuation Method-20: Requirements for Principles-Based Reserves for Life Products. The registration call-in number is: 412.317.6715.
LOOKING AHEAD
Tuesday, August 25
OIR Rule Hearing
The Florida Office of Insurance Regulation has issued a Notice of Proposed Rule regarding Rule 69O-156.020, entitled “Prohibition Against Use of Genetic Information and Requests for Genetic Testing.”
The proposed Rule would adopt model revisions required by the Genetic Information Nondiscrimination Act of 2008 to the NAIC Model Regulation to Implement the NAIC Medicare Supplement Insurance Minimum Standards Model Act.
If a Rule Hearing is requested in writing and not deemed unnecessary by the agency head, one will be held at the date, time, and place shown below:
Date: Tuesday, August 25, 2009
Time: 9:30 a.m.
Place: Room 142 of the Larson Building, 200 East Gaines Street, Tallahassee
OIR Rate Hearing for Citizens Property Insurance Corporation
The Florida Office of Insurance Regulation has scheduled a public rate hearing for Citizens Property Insurance Corporation (“Citizens”) on Tuesday, August 25, 2009. To view the public rate hearing Notice, click here.
Citizens has requested rate increases for its Florida homeowners, dwelling, fire and commercial residential multi-peril insurance programs. The effective date of the proposed rate increases would be January 1, 2010 for new and renewal business. The requested rate increases are not uniform and some areas of the state would be subject to higher rate increases than others.
Details of the hearing are:
Date: Tuesday, August 25, 2009
Time: 1:00 p.m.
Place: Room 401 of the Senate Office Building, The Capitol, Tallahassee
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