Florida Insurance Calendar: February 25 – March 1

 

Following is a listing of Florida insurance-related legislative and regulatory events for the week of February 25-March 1, 2012:

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

    

FLORIDA INSURANCE LEGISLATIVE EVENTS

 

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

 

FLORIDA INSURANCE REGULATORY EVENTS

  

Thursday, February 28

• Florida Insurance Guaranty Association (“FIGA”) Finance and Audit Committee meeting.  Additional information is forthcoming.

Friday, March 1

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

 

LOOKING AHEAD

 

Tuesday, March 5

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

Thursday, March 7

• Florida Cabinet meeting; 9:00 a.m.
  • Florida Office of Insurance Regulation (“OIR”)
    • For final adoption
      • Proposed amendments to Rule 69O-149.003, “Rate Filing Procedures” relating to life and health insurers would 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 limit the use of streamlined rate increase filings to Medicare Supplement providers with fewer than 1,000 policyholders nationwide, rather than to 1,000 Florida policyholders. To view the hearing notice, click here. 
    • For publication
      • Proposed amendments to Rule 69O-137.001 would adopt the 2012 National Association of Insurance Commissioners (“NAIC”) Annual Statement Instructions Manual.  To view the Workshop notice, click here.
      • Proposed amendments to Rule 69O-138.001 would adopt the 2013 NAIC Financial Condition Examiners Handbook.  To view the Workshop 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.

Wednesday, March 13

• Florida Division of Insurance Agents and Agency Services Proposed Rule Hearing; 2:00 p.m.  Proposed amendments to Rules 69B-228.180, “Forms,” and Rule 69B-228.220, “Licensee Compliance; Requirements; Penalties for Non-Compliance,” would implement changes made to s.626.2815, F.S.  Effective October 1, 2014, licensees will be required to complete a five-hour update course every two years specific to the license held.  The course will cover insurance law updates, premium discounts, ethics, disciplinary trends, industry trends and suitability of insurance products. This will affect licensees who began their continuing education cycle on November 1, 2012, and are scheduled to complete the cycle in October 2014.  To view the hearing notice, click here.

Thursday, March 14

• OIR Rule Development Workshop; 1:30 p.m.  The current version of Rule 69O-186.013, “Title Insurance Statistical Gathering,” implements s. 627.782, F.S. by listing the types of information that shall be submitted to the OIR by title insurance agencies and insurers for the purpose of analyzing premium and retention rates, and the condition of the title insurance industry.  Proposed amendments would replace it with new language that adopts Form OIR-EO-2087.  To view the Workshop notice, click here.
• 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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