CALENDAR: Insurance-Related Meetings for the Month of March 2009

Mar 3, 2009

 

 

Insurance-Related Meetings for the Month of March 2009

 

 

LEGISLATIVE COMMITTEE MEETINGS

 

Week of March 2-6

 

To view the complete Senate calendar for the week of March 2-6, click here.

To view the complete House calendar for the week of March 2-6, click here.

 

 

Tuesday, March 3

The 2009 Florida Regular Legislative Session is scheduled to open on Tuesday, March 3.

 

House and Senate Session                                    

The Florida House and Senate will hold the following Session meetings on Tuesday, March 3, 2009:

  • The House will hold Session 10:00-11:00 a.m. in the House Chambers, The Capitol, Tallahassee.
  • The Senate will hold Session 10:00-11:30 a.m. and 4:30-5:30 p.m. in the Senate Chambers, The Capitol, Tallahassee.
  • A Joint House and Senate Legislative Session will be held 5:30-7:00 p.m. Florida Governor Charlie Crist is scheduled to deliver his State of the State Address during this meeting.

 

Wednesday, March 4

 

Senate Banking and Insurance Committee

The Senate Banking and Insurance Committee will hold a meeting on Wednesday, March 4, 2009, 9:00-11:00 a.m. in Room 412 of the Knott Building, The Capitol, Tallahassee.  On the agenda:

  • SB 742:  Relating to Property Insurance Rate Reduction by Senator Mike Fasano

To view the meeting packet, click here.

 

Thursday, March 5

 

House and Senate Session                                    

The Florida House and Senate will hold Session on Thursday, March 5, 2009:

  • The Senate will hold Session 9:00-10:30 a.m. in the Senate Chambers, The Capitol, Tallahassee.
  • The House will hold Session 10:30 a.m.-Noon in the House Chambers, The Capitol, Tallahassee.

 

 

Friday, March 6

 

House Insurance, Business and Financial Affairs Policy Committee

The House Insurance, Business and Financial Affairs Policy Committee will hold a meeting on Friday, March 6, 2009, 8:00 a.m.-Noon in Webster Hall, The Capitol, Tallahassee.

 

 

 

INSURANCE REGULATORY MEETINGS

 

Week of March 2-6

 

Thursday, March 5

 

Louisiana Department of Insurance Meeting

The Louisiana Department of Insurance has scheduled a meeting with insurance industry representatives to discuss proposed changes to Title 22, the section of law pertaining to insurance in the State of Louisiana.  Meeting details are as follows:

Date:  Thursday, March 5, 2009
Time:  10:00 a.m.
Place:  Poydras Hearing Room, Louisiana Department of Insurance, 1702 North Third Street, Baton Rouge, Louisiana

 

 

Week of March 9-13

 

Tuesday, March 10

 

Cabinet Meeting

The Florida Governor and Cabinet (“Cabinet”) will hold a meeting on Tuesday, March 10, starting at 9:00 a.m. in the Cabinet Meeting Room, Lower Level, The Capitol, Tallahassee.  Governmental entities scheduled to present include:

  • Florida State Board of Administration
    • The Florida Hurricane Catastrophe Fund requests approval to proceed with a marketing approach for pursuing the purchase of the following product(s):
      • Cash capital markets products such as “pre-event financing” similar to the purchase of such products in the past
      • Bank markets standby agreements to provide the FHCF with a liquidity bridge
      • Contingent capital market products which include put options or similar agreements
      • Traditional reinsurance
      • Finite reinsurance
      • Alternative risk
  • Florida Financial Services Commission – Office of Insurance Regulation
    • Request for approval to adopt the following proposed Rules:
    • Request for approval for publication of the following proposed Rules:
      • 69O-149.205:  Indemnity Standard Risk Rate
      • 69O-149.207:  Health Maintenance Organization Standard Risk Rates
      • 69O-149.003:  Rate Filing Procedures
      • 69O-149.005:  Reasonableness of Benefits in Relation to Premiums
      • 69O-149.007:  Annual Rate Certification Filing Procedures
    • Overview of the 2009 Legislative Agenda for the Office of Insurance Regulation
  • Florida Department of Revenue
    • Request for approval to publish Notices of Intended Action in the Florida Administrative Weekly to hold public rule hearings on proposed state tax rules that would clarify and update procedures and forms.
    • Request for approval to adopt amendments to state tax rules and forms that would comply with recent legislative changes and to clarify and simplify Florida Department of Revenue procedures for better taxpayer understanding and compliance.

 

FWCJUA Board of Governors Meeting

The Florida Workers’ Compensation Joint Underwriting Association (“FWCJUA”) will hold a Board of Governors meeting on Tuesday, March 10, starting at 8:30 a.m. via teleconference. 

 

Citizens Board of Governors Meeting

The Citizens Property Insurance Corporation (“Citizens”) will hold a Board of Governors meeting on Tuesday, March 10, starting at 2:00 p.m. via teleconference.  The call-in number for this meeting is  888.295.6211. 

 

 

Wednesday, March 11

 

NAIC Property and Casualty Risk-Based Capital Working Group Meeting

The National Association of Insurance Commissioners (“NAIC”) will hold a Property and Casualty Risk-Based Capital Working Group meeting on Wednesday, March 11, starting at 2:00 p.m. (EST) via teleconference. The registration call-in number is 412.317.6715.

 

 

Thursday, March 12

 

Florida Investment Advisory Council Meeting

The Florida Investment Advisory Council will hold a meeting on Thursday, March 12, 9:00 a.m.-12:30 p.m. at the Hermitage Centre, 1801 Hermitage Boulevard, Tallahassee. 

 

Citizens Actuarial and Underwriting Committee Meeting

The Citizens Property Insurance Corporation (“Citizens”) will hold a Actuarial and Underwriting Committee meeting on Thursday, March 12, starting at 1:00 p.m. via teleconference.  No further information is available at this time.

 

 

Week of March 16-20

 

Sunday, March 15 through Wednesday, March 18

 

NAIC Spring 2009 National Meeting

The National Association of Insurance Commissioners (“NAIC”) will hold its Spring 2009 National Meeting from Sunday, March 15 through Wednesday, March 18 in San Diego, California.  Meeting materials include:

 

Wednesday, March 18

 

Florida Hurricane Catastrophe Fund Rule Hearing–CANCELED

Please note:  The March 18 FHCF Rule Hearing has been canceled.  No further information is available at this time.

The Florida State Board of Administration, Florida Hurricane Catastrophe Fund (“FHCF”) has issued a Notice of Development of Rulemaking regarding the following Rules:

  • 19-8.010: Reimbursement Contract
  • 19-8.012: Procedures to Determine Ineligibility for Participation in the Florida Hurricane Catastrophe Fund and to Determine Exemption from Participation in the Florida Hurricane Catastrophe Fund
  • 19-8.013: Revenue Bonds Issued Pursuant to Section 215.555(6), F.S
  • 19-8.029: Insurer Reporting Requirements
  • 19-8.030: Insurer Responsibilities

Proposed amendments to the above rules would implement Section 215.555, Florida Statutes, including changes made to the law during 2008.

 

Florida Board of Employee Leasing Companies Meeting

The Florida Board of Employee Leasing Companies will hold a meeting on Wednesday, March 18, starting at 10:00 a.m. via teleconference.  The call-in number for this meeting is 888.808.6959; conference code:  9226020.

 


Thursday, March 19

 

Florida Commission on Hurricane Loss Projection Methodology Meeting

The Florida Commission on Hurricane Loss Projection Methodology will hold a meeting on Thursday, March 19 from 9:00 a.m.-4:00 p.m. in Room 116, Heritage Conference Room, 1801 Hermitage Boulevard, Tallahassee, Florida and via teleconference.  The call-in number for this meeting is:  888.808.6959; conference code:  4765251363.  Items scheduled to be discussed include:

  • A review of the hurricane loss projection model submissions received under the 2008 Standards and Acceptability Process.

 

Friday, March 20 and Friday, March 27

 

FHCF Advisory Council Meetings

The Florida Hurricane Catastrophe Fund (“FHCF”) Advisory Council has scheduled meetings to be held on Friday, March 20 and Friday, March 27, 2009.

Items scheduled to be discussed include:

  • Approval of the 2009-2010 Contract Year FHCF Reimbursement Premium Formula;
  • Approval to file Rule 19-8.028: Reimbursement Premium Formula for Notice of Proposed Rulemaking;
  • To file the Reimbursement Premium Formula Rule for Adoption if no member of the public requests a timely hearing.

The Friday, March 20 meeting is scheduled 9:00 a.m-3:00 p.m. in the Hermitage Conference Room, 1801 Hermitage Boulevard, Tallahassee  and via teleconference.  The call-in number for this meeting is 888.808.6959; conference code:  4765251363.

If determined to be necessary during the March 20 meeting, an additional Advisory Council meeting will be held on Friday, March 27, 2009 from 10:00 a.m.-Noon via teleconference.  The call-in number for this meeting is:  888.808.6959; conference code:  4765251363. 

 

 

Week of March 23-27

 

Thursday, March 26

 

OIR Rule Development Workshop

The Florida Department of Financial Services, Office of Insurance Regulation has scheduled a Rule Development Workshop on the following Rule:  

The purpose of the Rule Development Workshop is to solicit public testimony regarding implementation of the newly-created dependent coverage for health insurance law.  To view the Workshop Notice, click here.

Date:  Thursday, March 26, 2009
Time:  9:30 a.m.
Place:  Room 116 of the Larson Building, 200 East Gaines Street, Tallahassee

 

FSIGA Board of Directors Meeting

The Florida Self-Insurers Guaranty Association (“FSIGA”) will hold a Board of Directors meeting on Thursday, March 26, starting at 2:00 p.m. via teleconference.  The call-in number for this meeting is:  866.866.2244; conference code:  7903005.

 


Friday, March 27

 

FWCJUA Investment Committee Meeting

The Florida Workers’ Compensation Joint Underwriting Association (“FWCJUA”) will hold an Investment Committee meeting on Friday, March 27, starting at 10:00 a.m. via teleconference.  To view the meeting agenda, click here.

 

 

Week of March 30-April 3

 

Tuesday, March 31

 

OIR Rule Hearing

The Florida Department of Financial Services, Office of Insurance Regulation has issued a Notice of Proposed Rule Development for the following Rule:

  • 69O-189.003:  Workers’ Compensation Application and Audit Procedures

The proposed Rule would allow electronic signatures in the application for workers’ compensation coverage, but not require them.  The proposed Rule explicitly specifies those audit procedures that, under the old Rule, were incorporated by reference to National Council on Compensation Insurance publications.  Additional audit procedures also are added.

If requested in writing and not deemed unnecessary by the agency head, a Rule Development Workshop will be held at the time, date, and place below:

Date:  Tuesday, March 31, 2009
Time:  9:30 a.m.
Place:  Florida Office of Insurance Regulation, Larson Building, 200 East Gaines Street, Tallahassee

 

FIGA Annual Board of Directors Meeting

The Florida Insurance Guaranty Association (“FIGA”) will hold its Annual Board of Directors meeting on Tuesday, March 31, 2009, starting at 9:00 a.m. at the Tampa Airport Marriott in Tampa.

 

 

Wednesday, April 1

 

OIR Rule Hearing

The Florida Financial Department of Financial Services, Office of Insurance Regulation (“OIR”) has issued a Notice of Proposed Rule Development Regarding the following Rules:

  • 69O-186.003: Title Insurance Rates
  • 69O-186.005: Premium Schedule Applicable to “Truth in Lending” and Other Endorsements

The purpose of the proposed Rules is to set appropriate rates for junior loan title insurance.

If requested in writing and not deemed unnecessary by the agency head, a Rule Development Workshop will be held at the date, time, and place shown below:

Date:  Wednesday, April 1, 2009
Time:  1:00 p.m.
Place:  Room 116 of the Larson Building, 200 East Gaines Street, Tallahassee

 

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