Florida Insurance Calendar: April 15-19

 

Following is a listing of Florida insurance-related legislative and regulatory events for the week of April 15-19, 2013:

All times are Eastern Time (“ET”).  Additional information is available via hyperlink where noted in bold type.

    

FLORIDA INSURANCE LEGISLATIVE EVENTS

 

 Tuesday, April 16

• Florida Senate Committee on Banking and Insurance meeting; 1:30 p.m. to 3:30 p.m.   To view the complete agenda, click here.  Agenda includes:
  • Confirmation of Citizens Property Insurance Executive Director Barry Gilway
  • SB 1020 relating to Banking
  • SB 1262 relating to Florida Hurricane Catastrophe Fund
  • SPB 7152 relating to Motor Vehicle Liability Insurance
  • SPB 7150 relating to Public Records/Insurance Policies

 

 

FLORIDA INSURANCE REGULATORY EVENTS

            

Monday, April 15

• Florida Surplus Lines Service Office (“FSLSO”) Audit Committee meeting; 12:30 p.m.  Agenda includes discussion of the 2012 FSLSO Financial Audit.  Tallahassee, Florida.  To view the meeting notice, click here.
• FSLSO Board of Governors meeting; 1:00 p.m.   Tallahassee, Florida.  To view the meeting notice, click here.

Wednesday, April 17

• Florida Office of Insurance Regulation (“OIR”) Rule Development Workshop; 9:30 a.m.  Proposed amendments to Rule 69O-157.302 relating to long-term care insurance rates would move the text of the rates from the body of the Rule to the OIR Web site to facilitate more rapid updating of the most recently published new business rates.  It would also consolidate the rates for facility-only, non-facility-only and comprehensive categories into one Rule.  To view the hearing notice, click here.
• Florida Board of Employee Leasing Companies (“BELC”) Board meeting; 1:00 p.m.  Naples, Florida.  To view the meeting notice, click here.

Thursday, April 18

• BELC Board meeting (continued); 9:00 a.m.  Naples, Florida.  To view the meeting notice, click here.

 

LOOKING AHEAD

 

Monday, April 22

• Florida Automobile Joint Underwriting Association (“FAJUA”) committee meetings; 2:00 p.m. to 5:00 p.m. Tampa, Florida.  To view the meeting notice, click here.
  
  • 2:00 p.m.–Producer Review Committee meeting
  • 3:00 p.m.–Ad Hoc Vendor Review Committee
  • 4:00 p.m.–Audit/Finance/Budget Committee

Tuesday, April 23

• FAJUA Annual Meeting of the Members/Board of Governors meeting; 8:30 a.m.  Tampa, Florida.  To view the meeting notice, click here.
• Florida Cabinet meeting; 9:00 a.m.
  • OIR
    • For final adoption
      • Proposed amendments to Rule 69O-149.003, “Rate Filing Procedures” relating to life and health insurers delete the Maximum Annual Medical Trend tables from the text of the Rule, provide the URL of the OIR’s Web site on which the tables will be published and updated as needed, and limit the use of streamlined rate increase filings to Medicare Supplement providers with fewer than 1,000 policyholders nationwide, rather than to 1,000 policyholders in Florida.
  • State Board of Administration
    • Authorize the Florida Hurricane Catastrophe Fund to file a Notice of Proposed Rule for Rule 19-8.028, “Reimbursement Premium Formula,” and to file it for adoption if a hearing is not timely requested.

Thursday, April 25

• Florida Workers’ Compensation Joint Underwriting Association (“FWCJUA”) Safety Committee teleconference meeting; 10:00 a.m.  To view the meeting notice, click here.  To view the agenda, click here.

Tuesday, April 30

• Florida Division of Insurance Agents and Agency Services (“IAAS”) Rule Development Workshop; 10:00 a.m.  Proposed amendments to Rule 69B-231.150, “Criminal Proceedings,” relating to administrative actions against insurance licensees, would conform the Rule to changes already made to Rule 69B-211.042.  The changes would also clarify definitions of “felony” and “revocation.”  Also, the word “immediate” would be removed to better reflect the administrative process requirements that exist.  A subsection would be deleted to remove standards which are conflicting with statutory changes and replaced with a new subsection to conform the penalty scheme with s.626.207, F.S., and Rule 69B-211.042.
• FWCJUA Market Assistance Plan Committee meeting; 10:00 a.m.  To view the meeting notice, click here.  To view the agenda, click here.

Wednesday, May 1

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

Thursday, May 9

• IAAS Proposed Rule Hearing; 10:30 a.m.  To view the hearing notice, click here.  Proposed changes would update the following Rules and incorporate legislative changes to Part VI of Ch. 626, F.S.:
  • Proposed amendments to Rule 69B-220.051, “Conduct of Public Adjusters,” would clarify the responsibilities and requirements of public adjusters and public adjuster apprentices, define the terms “direct supervision” and “adjusting services,” specify the terms and conditions of public adjuster contracts, require the license number on advertisements, delete provisions that reiterate or paraphrase statutory materials and prescribe practices to ensure fair dealing between public adjusters and claimants.
  • Proposed changes to Rule 69B-220.201, “Ethical Requirements,” would update the code of ethics for all adjusters, delete provisions that reiterate or paraphrase statutory materials, and clarify the responsibilities and requirements of all adjusters.

Wednesday, May 15

• FWCJUA Investment Committee teleconference meeting; 10:00 a.m.  To view the meeting notice, click here.  To view the agenda, click here.
• FWCJUA Rates and Forms Committee teleconference meeting; 2:00 p.m.  To view the meeting notice, click here.  To view the agenda, click here.

Thursday, May 16

• FWCJUA Audit Committee teleconference meeting; 10:00 a.m.  To view the meeting notice, click here.  To view the agenda, click here.

Thursday, May 23

• FWCJUA Operations Committee teleconference meeting; 10:00 a.m.  To view the meeting notice, click here.

Wednesday, June 5

• Florida Self-Insurers Guaranty Association Board of Directors meeting; 11:00 a.m.  Teleconference:  (866) 866-2244; conference code:  7903005.

Wednesday, June 12

• FWCJUA Board of Governors teleconference meeting; 10:00 a.m.  To view the meeting notice, click here.

 

 

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