Florida Insurance Calendar: August 12 – 16
Aug 9, 2013
Following is a listing of Florida insurance-related regulatory events for the week of August 12-16, 2013:
All times are shown in Eastern Time. Additional information is available via hyperlink where noted in bold type.
FLORIDA INSURANCE REGULATORY EVENTS
Monday, August 12
- Executive Office of the Governor public meeting; 9:00 a.m. Tallahassee, Florida. Citizens Property Insurance Corporation (“Citizens”) Inspector General candidate interviews. To view the meeting notice, click here.
- Florida Insurance Consumer Advocate’s Homeowners’ Policy and Claims Bill of Rights Working Group meeting; 10:30 a.m. Discussion of draft recommendations on alternative dispute resolution and insurers’ right to repair. Teleconference: (850) 413-1558; conference ID: 5836899. To view the draft recommendations, click here.
Tuesday, August 13
- Florida Commission on Hurricane Loss Projection Methodology (“FCHLPM”) meeting; 8:30 a.m. to 4:30 p.m. Tallahassee, Florida. Review of the Florida Public Hurricane Loss Model under the Standards and Acceptability Process for 2011, and discussion of the 2013 Standards and Procedures in committee meetings. Teleconference: (888) 670-3525; conference code: 7135858151. To view the meeting notice, click here. To view the agenda, click here.
- Florida Workers’ Compensation Joint Underwriting Association (“FWCJUA”) Investment Committee teleconference meeting; 10:00 a.m. To view the agenda, click here.
Wednesday, August 14
- FCHLPM meeting; 9:00 a.m. to 4:00 p.m. (Continued from August 13). To view the meeting notice, click here. To view the agenda, click here.
Thursday, August 15
- Executive Office of the Governor public meeting; 9:00 a.m. Tallahassee, Florida. Citizens Inspector General candidate interviews. To view the meeting notice, click here.
- FCHLPM meeting; 9:00 a.m. to 2:00 p.m. (Continued from August 13). To view the meeting notice, click here. To view the agenda, click here.
- Florida Division of Insurance Fraud Rule Development Workshop; 10:00 a.m. Section 626.9895, F.S., authorized the Division of Insurance Fraud to establish a direct-support organization to support the prosecution, investigation and prevention of motor vehicle insurance fraud, to be known as the “Automobile Insurance Fraud Strike Force.” Section 626.9895(5)(c), F.S., requires the Department of Financial Services (“DFS”) to adopt rules prescribing the procedures by which the Strike Force is governed and any conditions with which the Strike Force must comply to use the Division’s property. To view the Workshop notice, click here.
- FWCJUA Audit Committee teleconference meeting; 10:00 a.m. To view the agenda, click here.
Friday, August 16
- Executive Office of the Governor public meeting; 9:00 a.m. Tallahassee, Florida. Citizens Inspector General candidate interviews. To view the meeting notice, click here.
- FWCJUA Reinsurance Committee teleconference meeting; 10:00 a.m. To view the agenda, click here.
LOOKING AHEAD
Tuesday, August 20
- FWCJUA Operations Committee teleconference meeting; 11:00 a.m. To view the agenda, click here.
- Florida Self-Insurance Guaranty Association meetings; Audit Committee–12:00 p.m.; Board of Directors-3:00 p.m. Orlando, Florida. To view the meeting notice, click here.
- FWCJUA Producer Committee teleconference meeting; 2:00 p.m. To view the agenda, click here.
- Florida Office of Insurance Regulation (“OIR”) Public Rate Hearing: Citizens Property Insurance Corporation; 4:00 p.m. Tampa, Florida. To view the hearing notice, click here. Citizens has requested the following statewide average rate increases for the Coastal Account (“CA”), Commercial Lines Account (“CLA”) and Personal Lines Account (“PLA”):
- 13-12319: +8.7 percent to Commercial Residential – Condo Only (CLA)
- 13-12323: +0.0 percent to Commercial Residential – Excluding Condo Assoc. (CLA)
- 13-12470: +9.6 percent to Commercial Non-Residential (CLA)
- 13-13047: +9.8 percent to Homeowners (CA)
- 13-13048: +7.3 percent to Homeowners (PLA)
- 13-13335: +10.5 percent to Property – Dwelling/Fire (CA)
- 13-13336: +9.9 percent to Property – Dwelling/Fire (PLA)
- 13-13467: +10.0 percent to Commercial Non-Residential (CA)
- The proposed rate changes also include total increases for sinkhole coverage of 15.6 percent to DP-1 (Dwelling/Fire), 27 percent to DP-3 (Dwelling/Fire), and 25.3 percent to HO-3 (Homeowners). The requested rate increases are not uniform. The effective dates of the proposed rate increases are: CA–February 1, 2014 for new and renewal business; CLA–January 1, 2014 for new and renewal business; and PLA–January 1, 2014 for new and renewal business.
Wednesday, August 21
- Florida Board of Employee Leasing Companies (“BELC”) Board meeting; 10:00 a.m. Teleconference: 888-670-3525; conference code: 7489217568#. To view the meeting notice, click here.
Thursday, August 22
- Florida Division of Insurance Agents and Agency Services Rule Development Workshop; 9:30 a.m. Section 626.207(8), F.S., requires the Department of Financial Services to adopt rules establishing specific penalties against licensees for violations of Section 626.621 F.S. Proposed Rule 69B-231.090 sets forth the penalties for violations of subsections 626.621(13) and (14), F.S. To view the Workshop notice, click here.
- Florida Department of Revenue (“DOR”) Rule Development Workshop; 10:00 a.m. Proposed amendments to Rule 12B-8.0016, “Department of Revenue Electronic Database,” would provide reference to the updates to instructions for the DOR’s Address/Jurisdiction Database used for assigning premiums and policies to local tax jurisdictions. Proposed amendments to Rule Rule 12B-8.003, “Tax Statement; Overpayments,” is to adopt, by reference, changes to forms used by the DOR in the administration of the insurance premium taxes, fees and surcharges. To view the Workshop notice, click here.
- Citizens Board of Governors meeting; 3:00 p.m. Teleconference: (888) 942-8686; conference ID: 5743735657#. To view the meeting notice, click here.
Tuesday, September 3
- FWCJUA Rates and Forms Committee teleconference meeting; 11:00 a.m.
Wednesday, September 11
- FWCJUA Annual Membership and Board of Governors meetings; 10:00 a.m. Sarasota, Florida. To view the meeting notice, click here.
Monday, September 16
- Florida Automobile Joint Underwriting Association (“FAJUA”) Board and Committee meetings. Tampa, Florida.
Tuesday, September 17
- FAJUA Board and Committee meetings. Tampa, Florida.
Wednesday, September 18
- BELC Board meeting; 11:00 a.m. Sarasota, Florida. To view the meeting notice, click here.
Thursday, September 19
- BELC Board meeting; 9:00 a.m. Sarasota, Florida. To view the meeting notice, click here.
Friday, September 20
- Citizens Board of Governors meeting; 9:00 a.m.
Wednesday, October 16
- BELC Board meeting; 10:00 a.m. Teleconference: 888-670-3525; conference code: 7489217568#. To view the meeting notice, click here.
Wednesday, November 13
- BELC Board meeting; 11:00 a.m. St. Augustine, Florida. To view the meeting notice, click here.
Thursday, November 14
- BELC Board meeting; 9:00 a.m. St. Augustine, Florida. To view the meeting notice, click here.
Wednesday, December 18
- BELC Board meeting; 10:00 a.m. Teleconference: 888-670-3525; conference code: 7489217568#. To view the meeting notice, click here.
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