Florida Insurance Calendar: February 11 – 15

Feb 8, 2013

Following is a listing of Florida insurance-related legislative and regulatory events for the week of February 11-15, 2012:

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

FLORIDA INSURANCE LEGISLATIVE EVENTS

There are no Florida insurance-related legislative events scheduled for this week.

FLORIDA INSURANCE REGULATORY EVENTS

Monday, February 11

Citizens Property Insurance Corporation (“Citizens”) Board of Governors meeting; 9:00 a.m. to 10:30 a.m. Teleconference: (888) 942-8686; conference code: 5743735657#. Agenda includes consideration of a Florida Office of Insurance Regulation-approved wind-only takeout. To view the meeting notice, click here.
State Board of Administration Audit Committee meeting; 10:00 a.m. to 12:00 p.m. To view the meeting notice, click here.

Thursday, February 14

Florida Workers’ Compensation Joint Underwriting Association (“FWCJUA”) Investment Committee meeting; 10:00 a.m. To view the meeting notice, click here. To view the agenda, click here.
FWCJUA Operations Committee meeting; 1:00 p.m. To view the meeting notice, click here. To view the agenda, click here.
Citizens Board of Governors meeting; 2:00 p.m. to 5:00 p.m. Teleconference: (888) 942-8686; conference code: 5743735657#. Topics to include 2013 Finance Plan including risk transfer and pre-event Planning. To view the meeting notice, click here.

Wednesday, February 15

FWCJUA Rates and Forms Committee meeting; 2:00 p.m. To view the meeting notice, click here. To view the agenda, click here.

LOOKING AHEAD

Monday, February 18

Florida Hurricane Catastrophe Fund (“FHCF”) Proposed Rule Hearing; 9:00 a.m. To view the hearing notice, click here.
- Proposed amendments to Rule 19-8.029 would implement s.215.555(5), F.S., regarding the reporting by insurers of insured values under covered policies to the FHCF for the 2013/2014 Contract Year and would adopt the 2013/2014 Interim and Proof of Loss forms and Detailed Claims Listing Instructions.
- Proposed amendments to Rule 19-8.030 would adopt the 2013/2014 Exposure and Loss Reimbursement Examination Advance Preparation Instructions, as well as the 2013/2014 Interim and Proof of Loss forms
FHCF Advisory Council meeting; 1:00 p.m. Review public comments made at 9:00 a.m. hearing. To view the meeting notice, click here.

Tuesday, February 19

Florida Division of Workers’ Compensation (“DWC”) Proposed Rule Hearing; 10:00 a.m. Proposed repeal of Rule 69L-6.026, entitled “Periodic Reports,” which requires employers that are issued stop-work orders in situations where the assessed penalty exceeds $50,000, to file quarterly compliance reports with the DWC. The DWC is now able to efficiently monitor such compliance through the use of its data systems, which renders the filing of such employer reports unnecessary. To view the hearing notice, click here.
DWC Proposed Rule Hearing; 10:30 a.m. Repeal of Rule 69L-26.003, entitled “Computation of Time,” is proposed because guidelines allowing the DWC to initiate contact with an injured employee or his or her representative were made obsolete by 2002 statutory amendments. To view the hearing notice, click here.
Citizens Information Systems Advisory Committee meeting; 1:00 p.m. to 2:30 p.m. Teleconference: 866-361-7525; conference code: 4869641229. To view the meeting notice, click here.
Florida Workers’ Compensation Insurance Guaranty Association (“FWCIGA”) Large Deductible Legislation Workshop; 1:30 p.m. Tallahassee, Florida. To view the Workshop notice, click here.

Wednesday, February 20

FWCJUA Reinsurance Committee meeting; 9:00 a.m. Jacksonville, Florida. To view the meeting notice, click here. To view the agenda, click here.
Florida Office of Insurance Regulation (“OIR”) Rule Development Workshop; 9:30 a.m.
- Proposed amendments to Rule 69O-137.001 would adopt the 2012 National Association of Insurance Commissioners (“NAIC”) Annual Statement Instructions Manuals. To view the workshop notice, click here.
  Proposed amendments to Rule 69O-138.001 would adopt the 2013 NAIC Financial Condition Examiners Handbook. The current Rule adopted the 2011 version. To view the workshop notice, click here.

Thursday, February 21

FWCJUA Board of Governors meeting; 10:00 a.m. Jacksonville, Florida. To view the meeting notice, click here.
FWCIGA/Florida Insurance Guaranty Association (“FIGA”) Claims Audit Selection Committee meeting; 2:00 p.m. Tallahassee, Florida. Discuss selection of Claims Auditing Services for FWCIGA and FIGA. To view the meeting notice, click here.

Thursday, February 28

FIGA Finance and Audit Committee meeting. Additional information is forthcoming.

Friday, March 1

Monday, March 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 Website on which the tables will be published and updated as needed, and would 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. To view the hearing notice, click here.

Tuesday, March 12

Florida Workers’ Compensation Insurance Guaranty Association (“FWCIGA”) Audit Committee meeting. Additional information is forthcoming.

Thursday, March 14

Tuesday, March 19

BELC Board meeting; 10:00 a.m. Teleconference: 888-670-3525; conference code: 7489217568#. To view the meeting notice, click here.

Friday, March 22

Citizens Board of Governors meeting; 9:00 a.m. Additional information is forthcoming. To view the meeting notice, click here.

Monday, April 15

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

Should you have any questions or comments, please contact Colodny Fass& Webb.

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