CALENDAR: Insurance-Related Meetings-October 12-16
Oct 12, 2009
Monday, October 12
Citizens Information Systems Advisory Committee Meeting
Citizens Property Insurance Corporation (“Citizens”) Information Systems Advisory Committee met via teleconference on Monday, October 12 at 9:00 a.m. to discuss the following items: Citizens’ data center strategy, a CORE insurance review and update on audit matters. To view the complete meeting agenda, click here.
Note: This meeting has been rescheduled from Friday, October 9.
Florida Title Insurance Advisory Council Meeting
The Florida Title Insurance Advisory Council met on Monday, October 12 at 9:30 a.m. in Room 110 of the Senate Office Building, The Capitol, Tallahassee, to discuss the following items:
- Real Estate Settlement Procedures Act: implications for the title insurance industry
- Differences between title and property insurance
- Objectives and options for title insurance rate review and regulation
- Final Advisory Council recommendations
To view the complete meeting agenda, click here.
Tuesday, October 13
Cabinet Meeting
Florida Governor Charlie Crist and the Cabinet (“Cabinet”) will meet on Tuesday, October 13 at 9:00 a.m. in the Cabinet Meeting Room, Lower Level, The Capitol, Tallahassee. Representatives from the following governmental entities are scheduled to speak:
- Office of Financial Regulation
- Board of Trustees of the Internal Improvement Trust Fund
- State Board of Administration
To view the full Cabinet meeting agenda, click here.
DOR Rule Hearing
The Florida Department of Revenue (“DOR”), Division of Miscellaneous Tax has issued a Notice of Proposed Rule regarding the following Rule that would adopt changes to forms used by the DOR in administering the insurance premium tax:
- 12B-8.003: Tax Statements; Overpayments
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, October 13, 2009
Time: 9:00 a.m.
Place: Room 118 of the Carlton Building, 501 South Calhoun Street, Tallahassee
NAIC Regulatory Framework Task Force Meeting
The National Association of Insurance Commissioners (“NAIC”) Regulatory Framework Task Force of the Health Insurance and Managed Care Committee will meet via teleconference on Tuesday, October 13 at 11:00 a.m. (EST). The registration call-in number is: 412.317.6715. Because the Task Force’s Fall 2009 meeting was pre-empted due to the appearance of Vice President Joe Biden, the purpose of this meeting is to carry out the Fall 2009 National Meeting agenda, which may be viewed by clicking here.
NAIC Health Actuarial Opinion Subgroup Meeting
The NAIC Health Actuarial Opinion Subgroup of the Life and Health Actuarial Task Force will meet via teleconference on Tuesday, October 13 at Noon (EST). The registration call-in number is: 412.317.6715.
DBPR Home Inspector and Mold-Related Service Stakeholder Meetings
The Florida Department of Business and Professional Regulation (“DBPR”) will hold the following meetings regarding mold and home inspector licensure and regulation on Tuesday, October 13 in UF/IFAS Orange County Cooperative Extension Office/Center Auditorium, 6021 South Conway Road, Orlando:
- Home inspector stakeholders – 9:00 a.m. through Noon
- Mold-related service stakeholders – 1:30 p.m. through 4:30 p.m.
For more information, click here.
DOR Rule Workshop
The Florida DOR, Division of Corporate, Estate and Intangible Tax has issued a Notice of Rulemaking Development regarding the following Rules relating to the alternative minimum tax credit calculation and the expansion of the Florida Nonprofit Scholarship Program to include insurance premium tax credits:
- 12C-1.0186: Credit for Florida Alternative Minimum Tax
- 12C-1.0187: Credits for Contributions to Nonprofit Scholarship Funding Organizations
- 12C-1.051: Forms
Proposed amendments to Rule 12B-8.001: Premium Tax; Rate and Computation that would expand the nonprofit scholarship funding organization credit program to include a credit against the insurance premium tax also are scheduled to be discussed. To view the Notice of Rulemaking Development for this Rule, click here.
If a Rule Development Workshop is requested in writing for any of the above Rules and not deemed unnecessary by the agency head, one will be held at the date, time, and place shown below:
Date: Tuesday, October 13, 2009
Time: 1:30 p.m.
Place: Room 118 of the Carlton Building, 501 South Calhoun Street, Tallahassee
NAIC Casualty Actuarial and Statistical Task Force Meeting
The NAIC Casualty Actuarial and Statistical Task Force of the Property and Casualty Insurance Committee will meet via teleconference on Tuesday, October 13 at 2:00 p.m. (EST). The registration call-in number is: 412.317.6715. To view the complete meeting agenda and materials, click here.
NAIC Financial Analysis Handbook Working Group Meeting
The NAIC Financial Analysis Handbook Working Group of the Financial Condition Committee will meet via teleconference on Tuesday, October 13 at 3:00 p.m. (EST). The registration call-in number is: 412.317.6715. To view the complete meeting agenda and materials, click here.
Wednesday, October 14
DFS Rule Hearing
The Florida Department of Financial Services (“DFS”), Division of Workers’ Compensation has issued a Notice of Proposed Rule regarding the following Rule:
- 69L-6.012: Notice of Election to be Exempt
The proposed Rule amendments would enable immediate revocation of the Certificate of Election to be Exempt for any corporation that remains dissolved or inactive after 90 days from the date of its dissolution or a change in status.
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: Wednesday, October 14, 2009
Time: 10:00 a.m.
Place: Room 104-J of the Hartman Building, 2012 Capital Circle Southeast, Tallahassee
DBPR Home Inspector and Mold-Related Service Stakeholder Meetings
The Florida DBPR will hold the following meetings regarding new mold and home inspector licensure and regulation on Wednesday, October 14 in the Margate City Hall Complex, 6790 Margate Boulevard, Margate:
- Home inspector stakeholders – 9:00 a.m. through Noon
- Mold-related service stakeholders – 1:30 p.m. through 4:30 p.m.
For more information, click here.
U.S. House Committee On Financial Services Meeting
The United States House Committee on Financial Services will meet on Wednesday, October 14 at 10:00 a.m. in Washington, D.C. to consider the following financial regulatory reform legislation:
- The October 2, 2009 discussion draft of the Over-the-Counter Derivatives Markets Act of 2009;
- The September 25, 2009 discussion draft of the Consumer Financial Protection Agency Act of 2009 (to be reported as H.R. 3126);
- H.R. 3763, to amend the Fair Credit Reporting Act to provide for an exclusion from Red Flag Guidelines for certain businesses; and
- H.R. 3639, the Credit Card Accountability Responsibility and Disclosure Act of 2009.
NAIC Joint Valuation of Securities Task Force and Financial Condition Committee Meeting
The NAIC Valuation of Securities Task Force and Financial Condition Committee will meet jointly via teleconference on Wednesday, October 14 at 11:00 a.m. (EST) to discuss comments received on the Risk-Based Capital for Residential Mortgage Backed Securities proposal. The registration call-in number is: 412.317.6715. To view the meeting agenda and materials, click here.
Thursday, October 15
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, October 15 at Noon (EST) to discuss Valuation Method-20: Requirements for Principles-Based Reserves for Life Products. The registration call-in number is: 412.317.6715.
NAIC Multi-State Surplus Lines Premium Tax Working Group Meeting
The NAIC Multi-State Surplus Lines Premium Tax Working Group of the Property and Casualty Insurance Committee will meet via teleconference on Thursday, October 15 at Noon (EST). The registration call-in number is: 412.317.6715.
Friday, October 16
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 Friday, October 16 at 2:00 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.
LOOKING AHEAD
Tuesday, October 20
FHCF Advisory Council Meeting
The Florida Hurricane Catastrophe Fund (“FHCF”) Advisory Council will meet on Tuesday, October 20 from 9:00 a.m. through 1:00 p.m. in Room 116, Hermitage Conference Room, 1801 Hermitage Boulevard, Tallahassee. The call-in number for this meeting is: 888.808.6959; conference code: 4765251363. Items scheduled to be discussed include the FHCF’s estimated claims paying capacity.
OIR Public Rate Hearing
The Florida Office of Insurance Regulation (“OIR”) will hold a public rate hearing to discuss the recent rate filings made by Citizens Property Insurance Corporation. To view the hearing agenda, click here.
Date: Tuesday, October 20, 2009
Time: 9:00 a.m.
Place: Room 401 of the Senate Office Building, The Capitol, Tallahassee
OIR Rule Workshop
The Florida OIR has issued a Notice of Rulemaking Development regarding small group health insurance application regulation:
- 69O-149.041: Marketing Communication Material and Marketing Guidelines
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, October 20, 2009
Time: 1:30 p.m.
Place: Room 116 of the Larson Building, 200 East Gaines Street, Tallahassee
Wednesday, October 21
OIR Rule Workshop
The Florida OIR has issued a Notice of Rulemaking Development regarding annual insurer financial reports:
- 69O-137.002: Annual Audited Financial Reports
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: Wednesday, October 21, 2009
Time: 9:30 a.m.
Place: Room 116 of the Larson Building, 200 East Gaines Street, Tallahassee
Monday, October 28
DFS Rule Hearing
The Florida DFS, Division of Consumer Services has issued a Notice of Proposed Rulemaking regarding the following Rule:
- 69J-123.002: Civil Remedy Notice
The Rule amendments would require the insurer’s report of disposition and other communication related to civil remedy notices to be filed electronically.
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: Monday, October 28, 2009
Time: 10:00 a.m.
Place: Room 142 of the Larson Building, 200 East Gaines Street, Tallahassee
Thursday, October 29
FCHLPM Windstorm Mitigation Hearing
The Florida Commission on Hurricane Loss Projection (“FCHLPM”) will hold the third in a series of hearings on the implementation of windstorm mitigation discounts, credits, other rate differentials and appropriate reductions in insurance deductibles on Thursday, October 29 from 9:00 a.m. through 4:00 p.m. in the Hermitage Centre Conference Room, Hermitage Centre, 1801 Hermitage Boulevard, Tallahassee. The call-in number for this meeting is: 888.808.6959; conference code: 4765251363.
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