Florida Insurance Calendar: January 21 – 25

 

Following is a listing of Florida insurance-related legislative and regulatory events for the week of January 21-25, 2012:

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

    

FLORIDA INSURANCE LEGISLATIVE EVENTS

 

Wednesday, January 23

• House Insurance and Banking Subcommittee meeting; 3:00 p.m. to 5:00 p.m.
  • Presentations and discussion relating to property insurance rate filings and reviews
• Senate Committee on Banking and Insurance meeting; 4:00 p.m. to 6:00 p.m. To view the agenda, click here.
  • Workshops on Citizens Property Insurance Corporation (“Citizens”) and Personal Injury Protection (time permitting); no vote to be taken

 

 

FLORIDA INSURANCE REGULATORY EVENTS

 

Tuesday, January 22

• Florida Division of Workers’ Compensation (“DWC”) Rule Development Workshop; 10:30 a.m.  Proposed amendments to Rule 69L-6.012, entitled “Notice of Election to be Exempt,” would implement applicable sections of HB 941, enacted in 2012.  The proposed Rule provides for electronic submission of exemption applications (Form DFS-F2-DWC-250, “Notice of Election to be Exempt”) through the DWC’s system, along with streamlined reporting requirements.  To view the Workshop notice, click here.

Wednesday, January 23

• Florida Cabinet meeting; 9:00 a.m.  To view the complete agenda, click here.
  • State Board of Administration.  To view the meeting notice, click here.
    • Address and take action on the need for Florida Hurricane Catastrophe Fund (“FHCF”) liquidity, and to request that the FHCF Finance Corporation engage in financial transactions to provide sufficient funds to achieve the purposes of Section 215.555, F.S.
      • NOTE:  A meeting of the FHCF Finance Corporation Board of Directors is scheduled upon conclusion of the Cabinet meeting.  To view the meeting notice, click here.
    • Appoint a Chair to the Florida Commission on Hurricane Loss Projection Methodology
    • Obtain approval to file Rule 19-8.029, “Insurer Reporting Requirements,” and Rule 19-8.030, “Insurer Responsibilities,” for Notice of Proposed Rulemaking and for adoption if no member of the public requests a hearing in a timely manner

• Florida Surplus Lines Service Office Board of Governors Quarterly Meeting; 9:00 a.m.  Tallahassee, Florida. To view the meeting notice, click here.  To view the agenda, click here.
  • The FSLSO Audit Committee is scheduled to meet at 11:00 a.m.

 

Thursday, January 24

• Florida Department of Financial Services’ Automobile Insurance Fraud Strike Force meeting; 10:00 a.m. to 12:00 p.m.  To view the meeting notice, click here.

Tuesday, January 29

• Florida Workers’ Compensation Joint Underwriting Association (“FWCJUA”) Investment Committee teleconference meeting; 11:00 a.m.  To view the meeting notice, click here.

Wednesday, January 30

• Florida Division of Administrative Hearings Proposed Rule Hearing; 2:00 p.m.  Proposed revisions to procedural Rules for adjudication of workers’ compensation claims would strike unnecessary language concerning production of a certificate from claimant’s counsel concerning efforts made to identify any liens because the Rule already requires that such liens be identified.  To view the hearing notice, click here.

Thursday, January 31

• Florida Medical Malpractice Joint Underwriting Association (“FMMJUA”) Compensation Committee meeting; 3:00 p.m.  Key West, Florida.  To view the meeting notice, click here.
• FMMJUA Audit Committee meeting; 3:30 p.m.  Key West, Florida.  To view the meeting notice, click here.
• FMMJUA Claims and Underwriting Committee meeting; 4:00 p.m.  Key West, Florida.  To view the meeting notice, click here.

Friday, February 1

• FMMJUA Board of Governors meeting; 9:00 a.m.  Key West, Florida.  Agenda includes consideration of quarterly reports from the Investment Counsel, General Counsel, Servicing Carrier, Claims Committee, Audit Committee, General Manager.  To view the meeting notice, click here.
  • The Annual Meeting of Board membership will immediately follow, with consideration of yearly reports from the Association’s Chairman, Servicing Carrier, General Manager included on the agenda.  To view the meeting notice, click here.

Monday, February 4

• Citizens Board of Governors meeting; 11:00 a.m.  Agenda includes discussion of the 2013 Finance Plan, including risk transfer and pre-event financing.  Teleconference:  888-942-8686; conference code:  5743735657#.  To view the meeting notice, click here.

Thursday, February 7

• Florida Cabinet meeting; 9:00 a.m. 
  • Florida Office of Insurance Regulation
    • For final adoption
      • Proposed amendments to Rule 69O-170.0155 would update and revise Form OIR-B1-1809, “Health Care Provider Certification of Eligibility,” for Personal Injury Protection (“PIP”) benefits to reflect statutory revisions as the result of HB 119.  The changes are technical in nature.  To view the hearing notice, click here.
      • Proposed amendments to Rule 69O-176.013 would finalize Emergency Rule changes to Form OIR-B1-1149, “Notification of Personal Injury Protection Benefits,” in accordance with statutory revisions resulting from HB 119. Form OIR-B1-1149 now reflects that PIP benefits are allocated for emergency medical treatment and a flat $5,000 death benefit. The Form was also amended to incorporate technical edits regarding fraud reporting and billing disclosures. To view the hearing notice, click here.
      • Proposed amendments to Rule 69O-149.003, “Rate Filing Procedures,” 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.
    • For publication
      • Proposed amendments to Rule 69O-137.004, “Report of Information by Health Insurers Required,” would update and revise the Gross Annual Premium Report form (OIR-B2-1094).
      • Proposed amendments to Rule 69O-148.001, entitled “Funding of Preneed Contracts,” would remove the $7,500 dollar cap on the amount of insurance that may be written, which conflicts with the $12,500 limit permitted under s.626.785, F.S.

Thursday, February 14

• Florida Workers’ Compensation Joint Underwriting Association (“FWCJUA”) Investment Committee meeting; 10:00 a.m.  To view the meeting notice, click here.
• FWCJUA Operations Committee meeting; 1:00 p.m.  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.

Tuesday, February 19

• DWC Proposed Rule Hearing; 10:00 a.m.  Proposed repeal of Rule 69L-6.026, entitled “Periodic Reports,” which requires employers who are issued stop-work orders, 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 their 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.  Proposed repeal of Rule 69L-26.003, entitled “Computation of Time,” because guidelines allowing the DWC to initiate contact with an injured employee or their representative were made obsolete by 2002 statutory amendments. To view the hearing notice, click here.

Wednesday, February 20

• FWCJUA Reinsurance Committee meeting; 9:00 a.m.  To view the meeting notice, click here.

 Thursday, February 21

• FWCJUA Board of Governors meeting; 10:00 a.m. To view the meeting notice, click here.

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.

Tuesday, March 12

• FWCIGA Audit Committee meeting. Additional information is forthcoming.

Thursday, March 14

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

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.

 

 

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