Florida Insurance Calendar: August 19 – 23

 

Following is a listing of Florida insurance-related regulatory events for the week of August 19-23, 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 19

• Florida Insurance Consumer Advocate’s Homeowners’ Policy and Claims Bill of Rights Working Group meeting; 1:00 p.m. to 6:30 p.m.  Clearwater, Florida.  Discussion of draft recommendations on on insurance claims handling processes and other related concerns.  Teleconference:  (850) 413-1558 and enter conference ID 81583.  The Florida Channel will air the meeting live.  To view the draft recommendations, click here.

Tuesday, August 20

• Florida Workers’ Compensation Joint Underwriting Association (“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 (“IAAS”) 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 Property Insurance Corporation (“Citizens”) Board of Governors meeting; 3:00 p.m.  Teleconference:  (888) 942-8686; conference ID:  5743735657#.  To view the meeting notice, click here.

Friday, August 23

• Executive Office of the Governor public meeting; 10:00 a.m.  Tallahassee, Florida.  Citizens Inspector General candidate interviews.  To view the meeting notice, click here.

 

LOOKING AHEAD

 

Wednesday, August 28

• Citizens Information Systems Advisory Committee meeting; 2:00 p.m. to 3:00 p.m.  Teleconference:  866-361-7525; participant code:  4869641229#.  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.

Thursday, September 12

• IAAS Proposed Rule Hearing; 9:30 a.m.  Proposed amendments would revise Rule 69B-231.150 relating to administrative actions against licensees based on criminal proceedings.  To view the hearing notice, click here.
• Florida Division of Workers’ Compensation (“DWC”) Proposed Rule Hearing; 10:00 a.m.  Proposed amendments to Rule 69L-7.602 would provide that insurers, or other entities acting on behalf of an insurer, are not required to issue an Explanation of Bill Review to pharmacists for pharmaceutical services in cases where a preexisting contract between the parties specifies the terms of reimbursement for the services provided.  To view the hearing notice, click here.
• DWC Proposed Rule Hearing; 11:30 a.m.  Proposed repeal of Rule Chapter 69L-29, which became obsolete under 2013 laws eliminating the requirement that workers’ compensation health care providers be certified by the Florida Department of Financial Services.  To view the hearing notice, click here.

Monday, September 16

• Florida Automobile Joint Underwriting Association (“FAJUA”) Board and Committee meetings.  Tampa, Florida.
• Florida Workers’ Compensation Insurance Guaranty Association Board of Directors meeting.  Tallahassee, 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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