Florida Insurance Calendar: July 11 – 15

 

Following is a listing of insurance-related Florida regulatory events for the week of July 11-15, 2011:

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

 

FLORIDA INSURANCE REGULATORY EVENTS

    

Tuesday, July 12

• Florida Surplus Lines Service Office (“FSLSO”) National Clearinghouse Committee meeting; 10:00 a.m.  Agenda includes issues pertaining to the proposed national surplus lines tax clearinghouse.  To view the meeting notice, click here.
• Citizens Property Insurance Corporation (“Citizens”) Market Accountability Advisory Committee Meeting; 12:30 p.m.  Teleconference:  866-361-7525; conference code:  7849939192.  To view the meeting notice, click here.
• Citizens Audit Committee meeting; 2:30 p.m.  Teleconference:  866-361-7525; conference code:  3877541849.  To view the meeting notice, click here.
• Citizens Finance and Investment Committee meeting; 4:00 p.m.  To view the meeting notice, click here. 

Wednesday, July 13

• Citizens Board of Governors meeting; 9:00 a.m.  Teleconference:  888-942-8686; conference code:  8419204389.  To view the meeting notice, click here.
• Florida Division of Workers’ Compensation (“DWC”) Proposed Rule Hearing; 9:00 a.m.  Proposed Rules 69L-7.020, “Florida Workers’ Compensation Health Care Provider Reimbursement Manual,” and 69L-7.100, “Florida Workers’ Compensation Reimbursement Manual for Ambulatory Surgical Centers (“ASC”) relate to reference materials and medical billing process guidelines.  To view the hearing notice, click here. 
  • Note:  A hearing on proposed Rule 69L-7.100 is scheduled for 2:00 p.m. 
• DWC Rule Development Workshop; 2:00 p.m.  Proposed amendments to Rule Chapter 69L-29 would revise the process by which health care providers meet the minimum criteria for certification pursuant to Section 440.13(3)(a), F.S.  To view the hearing notice, click here. 
  • 69L-29.001:  Definitions.
  • 69L-29.002:  Requirements for Certification
  • 69L-29.003:  Certification Time Frames
  • 69L-29.004:  Occasional Health Care Providers
  • 69L-29.005:  Decertification of a Health Care Provider
  • 69L-29.006:  Decertification Process
  • 69L-29.007:  Recertification Process
  • 69L-29.008:  Determining Certification Status
  • 69L-29.009:  Carrier Responsibilities
  • 69L-29.010:  Health Care Provider Responsibilities
  • 69L-29.011:  Workers’ Compensation Certification Training Courses

Thursday, July 14

• FSLSO National Clearinghouse Committee meeting; 10:00 a.m.  Agenda includes issues pertaining to the proposed national surplus lines tax clearinghouse.  To view the meeting notice, click here.

 

LOOKING AHEAD

 

Tuesday, July 19

• Florida Office of Insurance Regulation (“OIR”) Public Rate Hearing:  Castle Key Insurance Company and Castle Key Indemnity Company; 9:00 a.m.  Agenda forthcoming.  To view the meeting notice, click here.
• Florida Workers’ Compensation Joint Underwriting Association (“FWCJUA”) Board of Governors meeting; 10:00 a.m.  To view the meeting notice, click here. 
• FSLSO National Clearinghouse Committee meeting; 10:00 a.m.  Agenda includes issues pertaining to the proposed national surplus lines tax clearinghouse.  To view the meeting notice, click here.
• DWC Proposed Rule Hearing; 1:30 p.m.  Amendments to Rule 69L-6.021 would adopt updated and revised construction class codes, descriptions and definitions through February 1, 2011 in the Florida exception pages of the National Council on Compensation Insurance (“NCCI”) Basic Manual and the NCCI Scopes® of Basic Manual Classifications to determine workers’ compensation insurance coverage requirements.  The proposed Rule also would define when an employer is engaged in the construction industry.  To view the hearing notice, click here.

Wednesday, July 20

• Florida Board of Employee Leasing Companies (“BELC”) Board meeting; 10:00 a.m.  To view the meeting notice, click here.
• Florida Workers’ Compensation Insurance Guaranty Association Investment Committee meeting; 10:00 a.m.  To view the meeting notice, click here.

Thursday, July 21

• OIR Public Hearing; 10:00 a.m.  The OIR has scheduled a hearing on the application for acquisition of First Professional Insurance Company, Inc. by The Doctors Company.  To view the hearing notice, click here.
• FSLSO National Clearinghouse Committee meeting; 10:00 a.m.  Agenda includes issues pertaining to the proposed national surplus lines tax clearinghouse.  To view the meeting notice, click here.

Monday, July 25

• Florida Insurance Guaranty Association Finance and Audit Committee meeting; 10:30 a.m.  To view the meeting notice, click here.

Tuesday, July 26

• OIR Proposed Rule Hearing; 9:30 a.m.
  • 69O-164.020:  Valuation of Life Insurance Policies
    • Rule amendments would revise the NAIC Model Regulation that reduce the minimum premium deficiency reserve requirement, subject to certain conditions to ensure adequacy of reserves.  To view the hearing notice, click here.
  • 69O-162.203:  Adoption of 2001 Commissioners Standard Ordinary Preferred Mortality Tables for Determining Reserve Liabilities for Ordinary Life Insurance
    • Rule amendments would revise the NAIC 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.
  • 69O-138.047:  Description of Actuarial Memorandum Including an Asset Adequacy Analysis and Regulatory Asset Adequacy Issues Summary
    • Rule amendments would revise the NAIC Model Regulation by adding an additional requirement to the Regulatory Asset Adequacy Issues Summary as a result of changes to Rules 69O-162.203 and 69O-164.020, F.A.C.  To view the hearing notice, click here.

• Florida Division of Insurance Agent and Agency Services Proposed Rule Hearing; 11:00 a.m.  Proposed Rule 69B-215.235 would set standards for the use and representation to consumers of professional designations or certifications by licensees engaged in the marketing and sale of insurance products.  To view the Hearing notice, click here.

Tuesday, August 2

• Florida Cabinet meeting; 9:00 a.m.
  • OIR 
    • For final adoption
      • 69O-137.001: Annual and Quarterly Reporting Requirements
• OIR Proposed Rule Hearing; 9:30 a.m.  Amendments to Rule 69O-138.001, “NAIC Financial Condition Examiners Handbook Adopted” would adopt the 2010 and 2011 NAIC Financial Condition Examiners Handbooks.  To view the Hearing notice, click here.

Wednesday, August 17

• BELC Board Meeting; 10:00 a.m.  Teleconference:  888-808-6959; conference code:  9226020.  To view the meeting notice, click here.

Thursday, August 18

• FWCJUA Audit Committee meeting; 10:00 a.m.  To view the meeting notice, click here.

Friday, August 19

• FWCJUA Investment Committee meeting; 10:00 a.m.  To view the meeting notice, click here.

Tuesday, August 23

• Florida Self-Insurers Guaranty Association Board meeting; 3:00 p.m.

Wednesday, September 7

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

Wednesday, September 21

• BELC Board Meeting; 10:00 a.m.  To view the meeting notice, click here.

Wednesday, October 19

• BELC Board Meeting; 10:00 a.m.  Teleconference:  888-808-6959; conference code:  9226020.  To view the meeting notice, click here.

 

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

 

 

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