CALENDAR: Insurance-Related Meetings–September 2009
Sep 1, 2009
Week of August 31 – September 4
Tuesday, September 1
Florida State Board of Administration Trustees Meeting
Florida Governor Charlie Crist and the Cabinet will meet as the Trustees of the State Board of Administration (“SBA”) on Tuesday, September 1, at 9:00 a.m. in the Cabinet Meeting Room, Lower Level, The Capitol, Tallahassee. Agenda items include reports on SBA investment performance and an update on Florida Hurricane Catastrophe Fund capacity. To view the complete meeting agenda, click here.
DFS Rule Hearing
The Florida Department of Financial Services (“DFS”) Division of Consumer Services has issued a Notice of Proposed Rule regarding the proposed repeal of the following Rule:
- 69J-7.003: Free Wind Inspections
Rule 69J-7.003 implemented the My Safe Florida Home program by providing guidance regarding free home inspections and grants for certain homeowners to mitigate against hurricane damage. This Rule is being repealed because the program has ended.
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, September 1, 2009
Time: 10:00 a.m.
Place: Room 142 of the Larson Building, 200 East Gaines Street, Tallahassee
Update: Because no Hearing was requested, the meeting was not held.
Week of September 7-11
Wednesday, September 9
FWCJUA Board of Governors Meeting
The FWCJUA Board of Governors will meet via teleconference on Wednesday, September 9, at 8:30 a.m. The meeting agenda will be provided when available.
NAIC Life Insurance and Annuities Committee Meeting
The NAIC Life Insurance and Annuities Committee will meet via teleconference on Wednesday, September 9, at 1:00 p.m. (EST) to discuss revisions to the Standard Valuation Law (Model #820) for adoption. The registration call-in number is: 412.317.6715.
Friday, September 11
NAIC Catastrophe Subgroup Meeting
The NAIC Catastrophe Subgroup of the Casualty Actuarial and Statistical Task Force will meet via teleconference on Friday, September 11, at 2:00 p.m. (EST) to discuss hurricane and earthquake issues. The registration call-in number is: 412.317.6715.
NAIC Annuity Disclosure Working Group Meeting
The NAIC Annuity Disclosure Working Group of the Life Insurance and Annuities Committee will meet via teleconference on Friday, September 11, at 3:00 p.m. (EST) to discuss guaranty fund disclosure and annuity buyers’ guides. The registration call-in number is: 412.317.6715.
Week of September 14-18
Tuesday, September 15
Cabinet Meeting
Florida Governor Charlie Crist and the Cabinet (“Cabinet”) will meet on Tuesday, September 15, 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 Florida Office of Insurance Regulation agenda include:
- Rule Chapter 69O-156: Medicare Supplement Insurance
OIR Rule Hearing
The Florida DFS, Office of Insurance Regulation (“OIR”) has scheduled the following hearing regarding proposed Rules for insurer reporting requirements and financial examinations (click on the hyperlinks below to access the complete Rule text and other information):
- 69O-137.001: Annual and Quarterly Reporting Requirements
This Rule is being amended to adopt the 2009 NAIC Quarterly Statement Instructions and the 2009 NAIC Accounting Practices and Procedures Manual. Florida law requires insurers to file quarterly and annual financial reports with the OIR. The proposed Rule would ensure that all reports are in a standard format that provides the information needed to evaluate an insurer’s financial condition. In addition, by adopting the 2009 versions of the manuals, the OIR is negating any potential challenges by insurers regarding the use of manuals that have not been formally adopted.
To view the Rule Hearing Notice, click here.
- 69O-138.001: NAIC Financial Condition Examiners Handbook Adopted
This Rule is being amended to adopt the 2009 NAIC Financial Condition Examiners Handbook. The current Rule adopted the 2008 version. Florida law requires the OIR to examine an insurer’s financial condition using generally accepted accounting procedures. By adopting the newest version of the Handbook, the proposed Rule would help ensure that the OIR procedures used to examine insurers are based upon the current generally accepted accounting practices.
To view the Rule Hearing Notice, click here.
If a Rule Hearing is requested in writing and not deemed unnecessary by the agency head, one will be held for both proposed Rules at the date, time, and place shown below:
Date: Tuesday, September 15, 2009
Time: 9:30 a.m.
Place: Room 143 of the Larson Building, 200 East Gaines Street, Tallahassee
NCCI Florida Workers’ Compensation Appeals Board Meeting
The National Council on Compensation Insurance (“NCCI”) Florida Workers’ Compensation Appeals Board will meet on Tuesday, September 15, at 10:00 a.m. at the Orlando Airport Hyatt Hotel. To view the meeting Notice, click here.
Tuesday, September 15 and Thursday, September 17
FSLSO Budget Committee Meetings
The Florida Surplus Lines Service Office (“FSLSO”) Budget Committee will meet on Tuesday, September 15 at 2:00 p.m. and Thursday, September 17 at 10:00 a.m. at 1441 Maclay Commerce Drive, Suite 200, Tallahassee.
Tuesday, September 15 through Thursday, September 17
Florida Commission on Hurricane Loss Projection Methodology Meetings
The Florida Commission on Hurricane Loss Projection Methodology (“FCHLPM”) will meet from 9:00 a.m. through 5:00 p.m. on Tuesday, September 15, Wednesday, September 16, and Thursday, September 17, 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.
On September 17, the FCHLPM Windstorm Committee is scheduled to hold the second in a series of hearings on the implementation of windstorm mitigation discounts, credits, other rate differentials and appropriate reductions in insurance deductibles.
To view the meeting Notice, click here.
Wednesday, September 16
Florida Board of Employee Leasing Companies Meeting
The Florida Board of Employee Leasing Companies will meet on Wednesday, September 16, at 10:00 a.m. at the Gaylord Palms Resort and Convention Center, 6000 West Osceola Parkway, Kissimmee.
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 Wednesday, September 16, at 1:00 p.m. (EST). The registration call-in number is: 412.317.6715.
Week of September 21-25
Monday, September 21 through Thursday, September 24
NAIC Fall 2009 National Meeting
The NAIC will hold its Fall 2009 National Meeting on Monday, September 21, through Thursday, September 24, 2009, in Washington, D.C. To view the tentative meeting agenda, click here. To view the meeting preview, click here.
Tuesday, September 22 and Thursday, September 24
FSLSO Board of Governors Meetings
The FSLSO Board of Governors will meet on Tuesday, September 22 at 2:00 p.m. and Thursday, September 24 at 10:00 a.m. at 1441 Maclay Commerce Drive, Suite 200, Tallahassee.
Friday, September 25
FWCJUA Investment Committee Meeting
The FWCJUA Investment Committee will meet via teleconference on Friday, September 25, at 10:00 a.m. To view the meeting agenda, click here.
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