Florida Insurance Calendar: February 27 – March 2

 

Following is a listing of insurance-related Florida legislative and regulatory events for the week of February 27 – March 2, 2012:

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

 

FLORIDA INSURANCE LEGISLATIVE EVENTS

 

Monday, February 27

• Senate Session; 9:00 a.m. to 10:30 a.m.
  • CS/SB 578 relating to Depopulation Programs of Citizens Property Insurance Corporation by Senate Budget Subcommittee on General Government Appropriations; Senator Garrett Richter
  • SB 1152 relating to Repeal of A Workers’ Compensation Independent Actuarial Peer Review Requirement by Senator Richter
  • SB 1232 Relating to Open Government Sunset Review/Personal Injury Protection and Property Damage by the Senate Committee on Banking and Insurance

Tuesday, February 28

• House Session; 10:00 a.m.
  • CS/CS/CS/HB 725 relating to Insurance Agents and Adjusters by House Economic Affairs Committee; House Government Operations Appropriations Subcommittee; House Insurance and Banking Subcommittee; State Representative Bill Hager
  • CS/CS/HB 1101relating to Insurance by House Economic Affairs Committee; House Insurance and Banking Subcommittee; State Representative Mike Horner
• Senate Budget Subcommittee on General Government Appropriations; 10:45 a.m. to 12:45 p.m.
  • CS/SB 1620 relating to Insurance by Senate Committee on Banking and Insurance; Senator Richter
  • SB 676 relating to Workers’ Compensation Certificate-of-Exemption Process by Senator Chris Smith
  • CS/SB 802 relating to Premises Liability by the Senate Committee on Judiciary; Environmental Preservation and Conservation
  • SB 1094 Relating to Workers’ Compensation by Senator Alan Hays
  • CS/SB 1262 Relating to Warranty Associations by Senate Committee on Banking and Insurance; Senator Steve Oelrich
  • CS/SB 1372 relating to the Florida Hurricane Catastrophe Fund by Senate Committee on Banking and Insurance; Senator J.D. Alexander
  • CS/SB 1428  relating to Renewal of a Commercial Lines Insurance Policy by Senate Committee on Banking and Insurance; Senator Smith
  • SB 1518 relating to Property and Casualty Insurance by Senator Hays
  • CS/SB 1844 relating to Alien Insurers by Senate Committee on Banking and Insurance; Senator Jack Latvala
• Senate Budget Subcommittee on Health and Human Services Appropriations; 10:45 a.m. to 12:45 p.m.
  • SB 668 relating to Workers’ Compensation Medical Services by Senator Hays
• Senate Committee on Budget; 3:45 p.m. to 6:00 p.m.
  • CS/CS/SB 1404 Relating to Title Insurance by Senate Committee on Judiciary; Senate Committee on Banking and Insurance; Senator Thad Altman
  • SB 378 relating to Expert Testimony by Senator Richter
  • CS/SB 1860 relating to Motor Vehicle Personal Injury Protection Insurance by Senate Committee on Banking and Insurance; Senator Joe Negron

 

 

 FLORIDA INSURANCE REGULATORY EVENTS

 

Monday, February 27

• Florida Office of Insurance Regulation (“OIR”) Proposed Rule Hearing; 9:30 a.m.  Proposed amendments to Rules 69O-200.004,.005,.006,.009,.014,.015 would incorporate a new category of Motor Vehicle Service Agreement Companies called “Motor Vehicle Manufacturers.”  To view the hearing notice, click here.
• OIR Proposed Rule Hearing; 10:30 a.m.  Due to its irrelevance, repeal of 69O-170 Part IV pertaining to the arbitration of rate filings is proposed.  Under recent changes to Section 627.062(6), F.S., the provision for arbitration was removed.  To view the hearing notice, click here.

Tuesday, February 28

• (CANCELED) Florida Cabinet meeting; 9:00 a.m.  To view the cancelation notice, click here. 
  • State Board of Administration agenda
    • Authorize the Florida Hurricane Catastrophe Fund to file a Notice of Proposed Rulemaking for Rule 19-8.029, F.A.C., “Insurer Reporting Requirements,” and Rule 19-8.030, F.A.C., “Insurer Responsibilities,” and to authorize filing these two rules for adoption if no member of the public timely requests a rule hearing.
• OIR Proposed Rule Hearing; 9:30 a.m. Rule 69O-162.203: Adoption of 2001 Commissioners Standard Ordinary Preferred Mortality Tables for Determining Reserve Liabilities for Ordinary Life Insurance.  Rule amendments would incorporate changes made to the National Association of Insurance Commissioners’ Model Regulation, explain the conditions for use of the preferred class structure mortality tables and permit use of the mortality tables for policies issued prior to the adoption date of the original Rule.  To view the hearing notice, click here.
• Florida Surplus Lines Service Office (“FSLSO”) meeting; 10:00 a.m.  A meeting of either the FSLSO Board of Governors or National Clearinghouse Committee is scheduled.  To view the meeting notice, click here.

 

LOOKING AHEAD

 

Monday, March 5

• Florida Agency for Health Care Administration Long-Term Care Managed Care Technical Advisory Workgroup meeting; 9:00 a.m. to 10:30 a.m.  Continued discussion on the Medicaid eligibility process.  Teleconference:  (800) 407-7939; conference code: 53784757.  To view the meeting notice, click here.

Tuesday, March 6

• FSLSO meeting; 10:00 a.m.  A meeting of either the FSLSO Board of Governors or National Clearinghouse Committee is scheduled.  To view the meeting notice, click here.

Wednesday, March 7

• OIR Public Rate Hearing:  State Farm Florida Insurance Company; 9:30 a.m.  State Farm Florida has requested a 42 percent overall rate increase for its manufactured home line of coverage.  The proposed rate increase would be effective April 1, 2012, for new business and June 1, 2012, for renewal business.  The requested rate increase is not uniform, and some areas would be subject to a higher rate increase.  To view the hearing notice, click here.

Thursday, March 8

• Florida Division of Insurance Agents and Agency Services (“IAAS”) Rule Development Workshop; 9:30 a.m.  Proposed amendments to Rule 69B-211.004, entitled “Appointment Renewal Process,” would provide clear and concise information to appointing entities of the appointment renewal process and the fees for noncompliance with the law.  To view the hearing notice, click here.
• FSLSO meeting; 10:00 a.m.  A meeting of either the FSLSO Board of Governors or National Clearinghouse Committee is scheduled.  To view the meeting notice, click here.

Tuesday, March 13

• FSLSO meeting; 10:00 a.m.  A meeting of either the FSLSO Board of Governors or National Clearinghouse Committee is scheduled.  To view the meeting notice, click here.

Thursday, March 15

• FSLSO meeting; 10:00 a.m.  A meeting of either the FSLSO Board of Governors or National Clearinghouse Committee is scheduled.  To view the meeting notice, click here.

Tuesday, March 20

• FSLSO meeting; 10:00 a.m.  A meeting of either the FSLSO Board of Governors or National Clearinghouse Committee is scheduled.  To view the meeting notice, click here.

Wednesday, March 21

• Florida Board of Employee Leasing Companies (“BELC”) Board meeting; 10:00 a.m. Tallahassee, Florida.

Thursday, March 22

• IAAS Rule Development Workshop; 9:30 a.m.  Proposed amendments to the following Rules would incorporate recent legislative changes to Part VI of Chapter 626, Florida Statutes.
  • 69B-220.051:  Conduct of Public Adjusters and Public Adjuster Apprentices
    • Proposed amendments would clarify the responsibilities and requirements of public adjusters and public adjuster apprentices, specify the terms and conditions of contracts, require the license number on advertisements and prescribe practices to ensure fair dealing between public adjusters and claimants.
  • 69B-220.201: Ethical Requirements for All Adjusters
    • Proposed amendments would update the code of ethics for all adjusters, delete provisions that reiterate or paraphrase statutory material and clarify the responsibilities and requirements of all adjusters.
• BELC Board meeting; 10:00 a.m. Tallahassee, Florida.
• FSLSO meeting; 10:00 a.m.  A meeting of either the FSLSO Board of Governors or National Clearinghouse Committee is scheduled.  To view the meeting notice, click here.

Monday, March 26

• Florida Workers’ Compensation Insurance Guaranty Association Board of Directors meeting; 10:00 a.m.  To view the meeting notice, click here.

Tuesday, March 27

• FSLSO meeting; 10:00 a.m.  A meeting of either the FSLSO Board of Governors or National Clearinghouse Committee is scheduled.  To view the meeting notice, click here.

Thursday, March 29

• FSLSO meeting; 10:00 a.m.  A meeting of either the FSLSO Board of Governors or National Clearinghouse Committee is scheduled.  To view the meeting notice, click here.

Friday, March 30

• Florida Self-Insurers Guaranty Association Board of Directors meeting; 10:00 a.m.  Teleconference: (866) 866-2244; conference code: 7903005.

 Tuesday, April 10

• Florida Insurance Guaranty Association Board of Directors meeting; Tampa.  A FIGA Finance and Audit Committee meeting is also scheduled to occur.  To view the meeting notice, click here. 

Thursday, April 26

• Citizens Property Insurance Corporation Board of Governors meeting.  Additional information is forthcoming.

Sunday, May 13 to Friday, May 18

• 26th Annual Florida Governor’s Hurricane Conference.  For registration information, click here.

 

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