Florida Insurance Calendar: April 27-May 1, 2015

 

Following is a listing of Florida insurance-related legislative and regulatory events for the week of April 27-May 1, 2015.  All times are shown in Eastern Time.

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

 

FLORIDA INSURANCE LEGISLATIVE EVENTS   

 

Week 9 of the 2015 Florida Regular Legislative Session

 

 

FLORIDA INSURANCE REGULATORY EVENTS   

 

Tuesday, April 28

• 10:00 a.m.–U.S. Senate Committee on Banking, Housing & Urban Affairs Hearing:  The State of the Insurance Industry and Insurance Regulation.  For more information, click here.
• 11:00 a.m.–Florida Workers’ Compensation Joint Underwriting Association (“FWCJUA”) Safety Committee meeting.  To view the agenda, click here.

Thursday, April 30

• 10:00 a.m.–U.S. Senate Committee on Banking, Housing & Urban Affairs Hearing:  Examining Insurance Capital Rules and Financial Stability Oversight Council (FSOC) Process.  For more information, click here.
• 10:30 a.m.–Florida Citizens Property Insurance Corporation (“Citizens”) Board of Governors meeting.  Discussion of Citizens’ Risk Transfer Program.  Teleconference:  888-942-8686; conference ID:  5743735657#.  To view the meeting notice, click here.
• 2:30 p.m.–Florida Workers’ Compensation Insurance Guaranty Association Audit Committee meeting.  To view the meeting notice, click here.

Friday, May 1

• 10:00 a.m.–FWCIGA Board of Directors meeting.  To view the meeting notice, click here.

 

LOOKING AHEAD

 

Thursday, May 7

• 1:00 p.m. to 5:00 p.m.–Federal Advisory Committee on Insurance meeting.  Washington, D.C.  Agenda includes discussion of cybersecurity related to the insurance industry, regulatory developments, and natural catastrophes and the role of mitigation, including President Obama’s Executive Order 13690, Establishing a Federal Flood Risk Management Standard.  To view the meeting notice and registration information, click here.

Friday, May 8

• 11:00 a.m.–Florida Division of Insurance Agents and Agency Services (“IAAS”) Rule Development Workshop.  Tallahassee, Florida.  Rule 69B-231.020 sets forth the scope of Chapter 69B-231, which contains penalty guidelines for insurance representatives licensed by the IAAS.  Proposed amendments to the Rule would provide that the Chapter is applicable to managing general agents and surplus lines agents.  It also deletes subsection (2) since it unnecessarily lists licensees that are not subject to the Rule Chapter.  To view the workshop notice, click here.

Monday, May 11

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

Thursday, May 14

• 9:00 a.m.–Florida Hurricane Catastrophe Fund Proposed Rule Hearing.  Tallahassee, Florida.  
  • Proposed Rule 19-8.010 would adopt an amendment form enabling the parties to the 2015-2016 Reimbursement Contract to correct a scriverner’s error in the definition of “retention multiple.”  To view the hearing notice, click here.
  • Proposed Rule 19-8.028 would adopt the 2015-2016 Contract Year Reimbursement Premium Formula.  To view the hearing notice, click here.
• 10:00 a.m.–FWCJUA Audit Committee meeting.  To view the agenda, 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, May 20

• Florida Board of Employee Leasing Companies 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.–Citizens Board of Governors meeting.  To view the meeting notice, click here.

Tuesday, July 28

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

 

 

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