Florida Insurance Calendar: April 29 – May 3

 

Following is a listing of Florida insurance-related legislative and regulatory events for the week of April 29 – May 3, 2013:

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

    

FLORIDA INSURANCE LEGISLATIVE EVENTS

Week 9 of 2013 Florida Regular Legislative Session

 

Monday, April 29

• CS/CS/HB 635 relating to Insurance
• CS/SB 262 relating to Delivery of Insurance Policies
• CS/CS/SB 1408 relating to Captive Insurance
• CS/CS/CS/SB 242 relating to Interstate Insurance Product Regulation Compact

 

 

FLORIDA INSURANCE REGULATORY EVENTS

 

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 that 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.
• Florida Workers’ Compensation Joint Underwriting Association (“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.

 

LOOKING AHEAD

 

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.

Monday, May 13

• Florida Office of Insurance Regulation (“OIR”) Public Rate Hearing:  American Security Insurance Company; 1:00 p.m.  To view the hearing notice, click here.

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.

Thursday, May 30

• OIR Public Rate Hearing:  Fidelity National Property and Casualty Insurance Company; 9:00 a.m.  To view the meeting notice, click here.

Tuesday, June 4

• 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.

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.

Wednesday, June 26

• Citizens Property Insurance Corporation Board of Governors meeting; 9:00 a.m. to 3:00 p.m.  Teleconference:  (888) 942-8686; conference ID:  5743735657#.  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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