Florida Insurance Calendar: April 22-26

 

Following is a listing of Florida insurance-related legislative and regulatory events for the week of April 22-26, 2013:

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

    

FLORIDA INSURANCE LEGISLATIVE EVENTS

 

Monday, April 22

2:00 p.m. to 6:00 p.m.-Florida Senate Committee on Rules.  To view the meeting packet, click here.  Agenda includes:

• CS/SB 262 relating to the Delivery of Insurance Policies by Senator Chris Smith
• CS/SB 836 relating to Insurer Solvency by Senator David Simmons
• SB 1412 relating to Expert Testimony by Senator Garrett Richter

 

Tuesday, April 23

9:00 a.m. to 6:00 p.m.-Florida Senate Committee on Appropriations.  To view the agenda, click here.  Agenda includes:

• SB 662 relating to Workers’ Compensation by Senator Alan Hays
• CS/SB 860 relating to Workers’ Compensation System Administration by Senator Bill Galvano
• CS/SB 1408 relating to Captive Insurance by Senator Richter

 

Wednesday, April 24

10:30 a.m. to 5:30 p.m.-Florida House of Representatives Session.  Agenda includes:

• CS/HB 157 relating to the Delivery of Insurance Policies by State Representative Doug Holder

10:00 a.m. to 6:00 p.m.-Florida Senate Session.  Agenda includes:

• CS/CS/SB 468 relating to Property and Casualty Insurance Rates and Forms by Senator Dorothy Hukill
• CS/SB 1770 relating to Property Insurance by the Senate Committee on Banking and Insurance
• SB 706 relating to Uninsured Motorist Insurance Coverage by Senator Bill Montford

 

 

FLORIDA INSURANCE REGULATORY EVENTS

              

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.  To view the complete agenda, click here.
  • State Board of Administration
    • Request approval of the 2013/2014 Florida Hurricane Catastrophe Fund (“FHCF”) Premium Formula and proposed 2013/2014 FHCF Rates
    • Request authority 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.

 

LOOKING AHEAD

 

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.  To view the Workshop notice, click here.
• 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.

Tuesday, June 4

• Florida Cabinet meeting; 9:00 a.m.
  • Florida Office of Insurance Regulation (“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.

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.

Tuesday, July 23

• Florida Surplus Lines Service Office Board of Governors meeting; 1:00 p.m. Ponte Vedra, Florida. To view the meeting notice, click here.

 

 

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