Florida Insurance Calendar: April 21 – 25

Apr 18, 2014

 

Following is a listing of Florida insurance-related legislative and regulatory events for the week of April 21-25, 2014.  All times are shown in Eastern Time.

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

 

FLORIDA INSURANCE LEGISLATIVE EVENTS 

 

To access the legislative calendars for the week of April 21, click on the hyperlinks below:

 

 

FLORIDA INSURANCE REGULATORY EVENTS  

 

Monday, April 21

  • Florida Workers’ Compensation Joint Underwriters Association (“FWCJUA”) Safety Committee meeting; 2:00 p.m.  To view the agenda, click here.

Tuesday, April 22

  • Florida Cabinet meeting; 9:00 a.m.  Tallahassee, Florida
    • Florida Office of Insurance Regulation (“OIR”) agenda
      • For publication
        • Proposed amendments to Rules 69O-144.005 and 69O-144.007 relating to “Credit for Reinsurance from Eligible Reinsurers” would conform corresponding Florida regulations to National Association of Insurance Commissioners model laws for accreditation purposes and consistency among regulatory jurisdictions as to the manner in which reinsurers are granted the status of “certified reinsurer” (currently termed “eligible reinsurer”) and the manner in which Florida domestic insurance companies can apply credit for reinsurance from these entities.
        • Proposed repeal of Chapters 69O-123 and 69O-128 relating to Civil Remedy and Continuing Education.  Florida statutes (Section 624.155 and 626.2816) grant enforcement authority to the Florida Department of Financial Services (“DFS”) for civil remedies against insurers and continuing education requirements, respectively.  Therefore, the OIR does not have authority to enforce the Rules.  The DFS has developed its own regulations to implement the law.
    • State Board of Administration/Florida Hurricane Catastrophe Fund
      • For publication
        • Request approval of the 2013/2014 FHCF Premium Formula and 2014/2015 Proposed Rates
        • Request approval to file a Notice of Proposed Rule for Rule 19-8.028, F.A.C., Reimbursement Premium Formula
  • Florida Division of (Insurance) Agent and Agency Services Rule Development Workshop.  10:00 a.m.  Proposed new Rule 69B-220.052, F.A.C. relating to the supervision of public adjuster apprentices and prohibited acts by public adjuster apprentices would implement Section 626.8651, F.S. to specify when a public adjuster apprentice requires supervision by a licensed supervisory public adjuster, as well as specify the activities that a public adjuster apprentice shall not conduct.

Thursday, April 24

  • Florida Citizens Property Insurance Corporation Board of Governors meeting; 10:00 a.m. to 11:00 a.m.  Agenda includes the 2014 Risk Transfer Program.  Teleconference:  (888) 942-8686; access code:  5743735657#.  To view the meeting notice, click here.

Monday, April 28

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

Tuesday, April 29

  • FAJUA Board of Governors meeting; 8:30 a.m.  Tampa, Florida.  To view the meeting notice, click here.
  • FWCJUA Market Assistance Plan Committee meeting; 10:00 a.m.  To view the agenda, click here.

Wednesday, April 30

  • Florida Division of Workers’ Compensation Rule Development Workshop; 9:30 a.m.  Proposed amendments to Rule 69L-6.012, “Notice of Election to be Exempt,” would conform to applicable provisions of Chapter 440, F.S. relating to the process whereby corporate officers may apply to be exempt from Florida’s workers’ compensation coverage requirements.  To view the Workshop notice, click here.

Wednesday, May 14

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

Thursday, May 15

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

 

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