Florida Insurance Calendar: April 13-17, 2015

 

Following is a listing of Florida insurance-related legislative and regulatory events for the week of April 13-17, 2015.  All times are shown in Eastern Time.

Additional information is available via hyperlink where noted in bold type.

 

FLORIDA INSURANCE LEGISLATIVE EVENTS   

 

Week 7 of the 2015 Florida Regular Legislative Session

 

 

FLORIDA INSURANCE REGULATORY EVENTS   

 

Monday, April 13

• 11:00 a.m.–Florida Division of Insurance Fraud Rule Development Workshop.  Proposed amendments to Rule 69D-2.005, “Compliance and Enforcement,” would clarify the Rule, which provides that the Florida Office of Insurance Regulation “shall” conduct audits to determine insurance company compliance with anti-fraud laws and take appropriate action against insurers for failure to comply.  The amendment would change “shall” to “may” to comply with s.624.307, F.S., and would clarify that the Florida Department of Financial Services has the authority to take action for failure to comply.  To view the workshop notice, click here.
• 1:00 p.m.–Florida Surplus Lines Service Office (“FSLSO”) Board of Governors meeting.  Tallahassee, Florida.  To view the meeting notice, click here.
  • 12:30 p.m.–FSLSO Audit Committee meeting.  Discussion of the FSLSO 2014 Financial Audit.  To view the meeting notice, click here.
  • 3:30 p.m.–FSLSO Investment Committee meeting.  Discussion of FSLSO investment policy.  To view the meeting notice, click here.

Tuesday, April 14

• 9:00 a.m.–Florida Cabinet meeting.  To view the complete agenda, click here.
  • Review of delegated authority for the Florida Office of Insurance Regulation
  • State Board of Administration
    • Request approval of the 2015-2016 Florida Hurricane Catastrophe Fund Reimbursement Premium Formula
    • Request authority to file Notices of Proposed Rule for Rule 19-8.028, “Reimbursement Premium Formula,” and Rule 19-8.010, “Reimbursement Contract.”

Wednesday, April 15

• Florida Board of Employee Leasing Companies (“BELC”) meeting.  St. Augustine, Florida.  To view the agenda, click here.

Thursday, April 16

• BELC meeting.  St. Augustine, Florida.  Continuation of the April 15 meeting.

Friday, April 17

• 9:00 a.m.–Florida Hurricane Catastrophe Fund (“FHCF”) Proposed Rule Hearing.  Proposed amendments to Rule 19-8.029, “Insurer Reporting Requirements,” would adopt the Data Call and applicable reporting requirements for the 2015-2016 FHCF Contract Year.  Proposed amendments to Rule 19-8.030, “Insurer Responsibilities,” would adopt the examination instruction forms applicable to the 2015-2015 Contract Year.  To view the hearing notice and proposed Rule text, click here.
• 1:30 p.m.–FHCF Advisory Council meeting.  Teleconference:  (888) 670-3525; conference code 7135858151.  Review of public comments made at preceding Rule Hearing.  To view the meeting notice, click here.

 

LOOKING AHEAD

 

Thursday, April 23

• Florida Insurance Guaranty Association (“FIGA”) Finance and Audit Committee meeting.  Tallahassee, Florida.  To view the meeting notice, click here.

Friday, April 24

• 3:00 p.m.–Florida Workers’ Compensation Joint Underwriting Association (“FWCJUA”) Market Assistance Plan meeting.  To view the meeting notice, click here.
• FIGA Board of Directors meeting.  Tallahassee, Florida.  To view the meeting notice, click here.

Tuesday, April 28

• 11:00 a.m.–FWCJUA Safety Committee meeting.  To view the meeting notice, click here.

Monday, May 11

• 11:00 a.m.–FWCJUA Operations Committee meeting.  To view the meeting notice, click here.

Tuesday, May 12

• 9:30 a.m.–Florida Department of Financial Services (“DFS”) Proposed Rule Hearing.  To view the hearing notice, click here.
  • Proposed repeal of Rule 69J-8.004, “Qualification and Certification of Neutral Evaluators,” because the standards for neutral evaluators are now in s.627.7074, F.S.
  • Subsection 69J-8.008(2), “Selection of Neutral Evaluator,” would be amended to require insurers to contact claimants within three business days of notice of a request for neutral evaluation, and to copy the DFS on the correspondence to the claimant. 
  • Subsection (9) of Rule 69J-8.008 would be added to impose a duty on neutral evaluators to disclose conflicts of interest within three business days of assignment. 
  • Subsection (5) would be added to Rule 69J-8.009, “Evaluation Process,” to require disclosure of professionals used by a neutral evaluator and related conflicts of interest. 

Wednesday, May 13

• 10:00 a.m.–FWCJUA Investment Committee meeting.  To view the meeting notice, click here.

Thursday, May 14

• 10:00 a.m.–FWCJUA Audit Committee meeting.  To view the meeting notice, click here.
• 2:00 p.m.–FWCJUA Rates and Forms Committee meeting.  To view the meeting notice, click here.

Tuesday, May 19

• 2:00 p.m.–FWCJUA Producer Committee meeting.  To view the meeting notice, click here.

Wednesday, June 10

• 9:00 a.m.–FWCJUA Board of Governors meeting.  To view the meeting notice, click here.

Monday, June 22

• 2:00 p.m.–Florida Self-Insurers Guaranty Association Board of Directors meeting.  Teleconference:  (866) 866-2244; conference code: 7903005.  

Wednesday, June 24

• 9:00 a.m. to 12:00 p.m.–Florida Citizens Property Insurance Corporation Board of Governors meeting.  To view the meeting notice, click here.

Tuesday, July 28

• 1:00 p.m.–FSLSO Board of Governors meeting.  Naples, Florida.  To view the meeting notice, click here.

 

 

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