CALENDAR: Insurance-Related Meetings–October 5-9
Oct 2, 2009
LEGISLATIVE INTERIM COMMITTEE MEETINGS
Monday, October 5
Florida Joint Administrative Procedures Committee Mandatory Rulemaking Meeting
The Florida Joint Administrative Procedures Committee (“JAPC”) will meet on Monday, October 5 from 4:00 p.m. through 6:00 p.m. in Room 301 of the Senate Office Building, The Capitol, Tallahassee. Among its oversight responsibilities, the JAPC, a legislative committee, reviews all bills signed into law each year for mandatory rulemaking content. In regard to mandatory rulemaking hearings, for those laws that the JAPC procedurally has determined a lack of agency regulatory implementation, the agency secretary is invited to attend the hearing to explain why the mandated rules have not been effected.
The status of rulemaking progress for the following insurance-related laws is scheduled to be reviewed at the October 5 meeting:
- Mandatory Rulemaking: Department of Financial Services
- Chapter 2007-199 Relating to Insurance Representatives
- HB 1381, signed into law by Florida Governor Charlie Crist in 2007, will authorize certain agencies designated as branch offices to file applications for registration in lieu of licensure. The bill also provides exemptions from required written examinations to certain applicants for licensure as claims adjusters and authorizes certain licensed agents as the agent in charge of branch locations under certain circumstances. The bill revises requirements for identification of insurers, agents and insurance contracts.
- Chapter 2007-199 Relating to Insurance Representatives
- Mandatory Rulemaking: Financial Services Commission
- Chapter 2008-32 Relating to Health Insurance
- Chapter 2008-178 Relating to Motor Vehicle Warranty Associations
- Signed into law in 2008 by Governor Crist, the bill will exempt motor vehicle manufacturers applying for licensure as service agreement companies from certain licensing requirements and limit claims liabilities. It also will prohibit warranty service associations that do not collect the names and addresses of warranty holders from denying a warrantyholder’s claim on the basis that the association cannot confirm that the warranty holder, in fact, purchased a warranty.
Tuesday, October 6
Florida Senate Committee on Community Affairs Meeting
The Florida Senate Committee on Community Affairs will hold an interim meeting on Tuesday, October 6 from 10:00 a.m. through Noon in Room 412 of the Knott Building, The Capitol, Tallahassee. The following insurance-related item is scheduled to be discussed:
Florida Senate Committee on Banking and Insurance Interim Meeting
The Florida Senate Committee on Banking and Insurance will hold an interim meeting on Tuesday, October 6 from 1:00 p.m. through 3:00 p.m. in Room 412 of the Knott Building, The Capitol, Tallahassee. The following insurance-related issues are scheduled to be discussed:
- Presentation by Florida Insurance Commissioner Kevin McCarty, Florida Office of Insurance Regulation
- Presentation by Susanne Murphy, Executive Vice President of Corporate Operations, Citizens Property Insurance Corporation
- Senate Professional Staff presentation on the Florida Hurricane Catastrophe Fund
Wednesday, October 7
Florida Senate Committee on Finance and Tax Meeting
The Florida Senate Committee on Finance and Tax will hold an interim meeting on Wednesday, October 7 from 3:30 p.m. through 6:00 p.m. in Room 301 of the Senate Office Building, The Capitol, Tallahassee. The following item of interest is scheduled to be discussed:
- Single Sales Apportionment for Corporate Income Tax
- Note: To read a Florida Center for Fiscal and Economic Policy Report on the Single Sales Factor for Corporate Income Taxes, click here.
Weekly Legislative Block Calendars
To view the complete House of Representatives calendar for the week of October 5-9, click here.
To view the complete Senate calendar for the week of October 5-9, click here.
For additional information on Florida’s legislative process and terminology, click here.
INSURANCE REGULATORY MEETINGS
Monday, October 5
FWCJUA Producer Committee Meeting
The Florida Workers’ Compensation Joint Underwriting Association (“FWCJUA”) Producer Committee will meet via teleconference on Monday, October 5 at 9:00 a.m. To view the meeting agenda, click here.
Tuesday, October 6
OIR Public Rate Hearing
The Florida Office of Insurance Regulation (“OIR”) will hold a public rate hearing to discuss the recent workers’ compensation rate filing made by the National Council for Compensation Insurance (“NCCI”). In the rate filing, the NCCI has requested a 6.8 percent average rate decrease for all new and renewal workers’ compensation insurance policies effective January 1, 2010.
Date: Tuesday, October 6, 2009
Time: 9:00 a.m.
Place: Cabinet Meeting Room, Lower Level, The Capitol, Tallahassee
Friday, October 9
Citizens Meetings
Citizens Property Insurance Corporation (“Citizens”) will hold the following meetings via teleconference on Friday, October 9:
- Information System Advisory Council Committee – 10:00 a.m. The call-in number for this meeting is: 866.765.5861.
- Actuarial and Underwriting Committee – 1:00 p.m. The call-in number for this meeting is: 866.631.2413.
FWCJUA Operations Committee Meeting
The FWCJUA Operations Committee will meet via teleconference on Friday, October 9 at 11:30 a.m. To view the meeting agenda, click here.
NAIC Catastrophe Subgroup Meeting
The National Association of Insurance Commissioners (“NAIC”) Catastrophe Subgroup of the Property and Casualty Insurance Committee will meet via teleconference at 1:00 p.m. (EST). The registration call-in number is: 412.317.6715.
UPCOMING MEETINGS
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. Insurance-related Rules scheduled to be discussed as part of the OIR agenda include:
- 69O-138.001: NAIC Financial Condition Examiners Handbook Adopted
- 69O-137.001: Annual and Quarterly Reporting Requirements
- 69O-156: Requirements of Medicare Supplement Insurance
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
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 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
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
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. to discuss the FHCF’s estimated claims paying capacity.
OIR Public Rate Hearing
The Florida 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. Rate filings for the following lines of business are scheduled to be discussed:
- Homeowners
- Dwelling Fire
- Commercial Residential Multi-Peril (condominium associations)
- Commercial Residential Multi-Peril (excluding condominium associations)
- Mobile Home Physical Damage
- Mobile Home Personal Lines Account
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.
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