Florida Insurance Calendar: February 18 – 22

 

Following is a listing of Florida insurance-related legislative and regulatory events for the week of February 18 – 22, 2012:

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

    

FLORIDA INSURANCE LEGISLATIVE EVENTS

 

Tuesday, February 19

• Florida House Insurance and Banking Subcommittee meeting; 3:00 p.m. to 5:00 p.m. Agenda includes consideration of the following bills:
  • HB 223 relating to Insurance
  • HB 343 relating to Wrap-Up Insurance Policies
  • HB 553 relating to Workers’ Compensation System Administration
  • Proposed Committee Substitute for HB 211 relating to Florida Insurance Guaranty Association

 

Thursday, February 21

• Florida Senate Committee on Banking and Insurance meeting; 8:00 a.m. to 10:30 a.m.
  • Workshops on Citizens Property Insurance Corporation and Personal Injury Protection

 

 

FLORIDA INSURANCE REGULATORY EVENTS

 

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 Property Insurance Corporation (“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

• Florida Workers’ Compensation Joint Underwriting Association (“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.  To view the agenda, 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.

 

LOOKING AHEAD

 

Thursday, February 28

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

Friday, March 1

• FIGA Board of Directors meeting. Additional information is forthcoming.

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 5

• Citizens Actuarial and Underwriting Committee meeting; 8:00 a.m.  Teleconference:  (866) 361-7525; conference ID:  8632017402#.  To view the meeting notice, click here.

Friday, March 8

• Citizens Claims Committee meeting; 10:00 a.m.  Teleconference:  (866) 361-7525; conference ID:  5219676193#.  To view the meeting notice, click here.

Tuesday, March 12

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

Thursday, March 14

• FWCIGA Board of Directors meeting.  Additional information is forthcoming.

Friday, March 15

• Florida Automobile Joint Underwriting Association meeting; 9:00 a.m.  Lake Mary, Florida.  Agenda includes review of claims provider performance in claims handling.  To view the meeting notice, click here.

Tuesday, March 19

• Florida Board of Employee Leasing Companies Board meeting; 10:00 a.m.  Teleconference:  888-670-3525; conference code:  7489217568#.  To view the meeting notice, click here.

Thursday, March 21

• Citizens Market Accountability Advisory Committee meeting; 10:30 a.m.  Orlando, Florida.  Teleconference:  866-361-7525; conference ID: 7849939192#.  To view the meeting notice, click here.
• Citizens Audit Committee meeting; 12:30 p.m.  Orlando, Florida.  Teleconference:  866-361-7525; conference ID:  3877541849#.  To view the meeting notice, click here.
• Citizens Florida Market Assistance Plan Board of Governors meeting; 2:30 p.m.  Orlando, Florida.  Teleconference:  866-361-7525; conference ID:  4492603407#.  To view the meeting notice, click here.
• Citizens Finance and Investment Committee meeting; 4:00 p.m.  Orlando, Florida.  Teleconference:  866-361-7525; conference ID:  2478401990#.  To view the meeting notice, click here.

 Friday, March 22

• Citizens Board of Governors meeting; 9:00 a.m.  Orlando, Florida.  Teleconference:  888-942-8686; conference ID: 5743735657#.  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.

 

 

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