Florida Insurance Calendar July 5 – 9

Following is a listing of insurance-related Florida regulatory events for the week of July 5-9, 2010:

Note:  The Florida Administrative Web site is down for maintenance from Friday, July 2 to Monday, July 5.  All applicable hyperlinks will resume normal function after that time.  All times are Eastern Time.  Additional information is available via hyperlink were noted in bold type.

  

FLORIDA INSURANCE REGULATORY EVENTS   

 

Wednesday, July 7

• Citizens Property Insurance Corporation (“Citizens”) Actuarial and Underwriting Committee.  To view the meeting notice, click here.  (Note:  This meeting has been canceled until further notice). 
• National Association of Insurance Commissioners (“NAIC”) Financial Condition Committee; 3:30 p.m.  Teleconference:  412-317-6715

 

LOOKING AHEAD

 

Tuesday, July 13

• OIR Rule Hearing; 9:30 a.m.  Proposed Rule 69O-167.024:  Rate Filings for Inland Marine Insurance.  The proposed Rule would effects non-substantive statutory changes to ensure compliance with Section 627.021, F.A.C.  To view the meeting notice and proposed Rule text, click here.
• OIR Public Rate Hearing:  Nationwide Insurance Company of Florida; 1:00 p.m.  Agenda forthcoming.
• Florida Insurance Guaranty Association Board of Directors meeting; 2:00 p.m.  To view the meeting notice, click here.
• NAIC Financial Condition Committee; 2:00 p.m.  Teleconference:  412-317-6715

Thursday, July 15

• Citizens Audit Committee; 10:00 a.m.  Teleconference:  877-260-2826.  To view the meeting notice, click here.
• Florida Division of Workers’ Compensation (“DWC”) Proposed Rule Hearing; 10:00 a.m. 69L-6.026: Periodic Reports.  The proposed Rule provides guidance to employers on quarterly reports that must be submitted to the DWC following an employer’s conditional release from a Stop-Work Order for violation of statutory coverage requirements where an assessed penalty exceeds $50,000.00.  Following the conditional release from Stop-Work Order, subject employers are to utilize new form DFS-F4-2018 to file quarterly reports to document their ongoing compliance with the coverage requirements of Chapter 440, F.S. To view the meeting notice and proposed Rule text, click here.
• DWC Rule Development Hearing; 2:00 p.m.  Proposed Rule 69L-6.021: Construction Industry Classification Codes, Descriptions and Operations Scope of Exemption.  The proposed Rule amendment adds and deletes certain construction-related discontinued class codes and revises their descriptions as published in the Florida exception pages of the National Council on Compensation Insurance, Inc. Basic Manual (January 2010 edition).  To view the meeting notice and proposed Rule text, click here.
• NAIC Financial Condition Committee; 2:00 p.m.  Teleconference:  412-317-6715

Tuesday, July 20

• NAIC Casualty Actuarial and Statistical Task Force; 2:00 p.m. 

Wednesday, July 21

• Florida Board of Employee Leasing Companies (“BELC”); 10:00 a.m. Teleconference:  888-808-6959; conference code:  9226020.  To view the meeting notice, click here.

Monday, July 26

• Citizens Board of Governors meeting; 2:00 p.m.  Teleconference:  888-295-6211 (NOTE:  This meeting was rescheduled from June 28, 2010.)  To view the meeting notice, click here.

Tuesday, July 27

• OIR Proposed Rule Hearing; 69O-137.002: Annual Audited Financial Reports.  (NOTE:  This is a continuation from June 8.  To view the original Rule Hearing notice and proposed Rule text, click here.)

Friday, July 30

• Citizens Claims Committee Meeting; 10:00 a.m.  Teleconference:  (888) 302-3367.  To view the meeting notice, click here.
• Florida Division of Insurance Agents and Agency Services Proposed Rule Hearing to update Florida regulations relating to public adjusters; 10:00 a.m.  To view the complete text of each proposed Rule, click here. 
  • Proposed amendments to 69B-220.001 – Licensure of Emergency Adjusters define when an “emergency” exists and provide the procedures to obtain an online emergency adjuster license from the Florida Department of Financial Services.
  • Proposed amendments to 69B-220.051 – Conduct of Public Adjusters and Public Adjuster Apprentices clarify the responsibilities and requirements of public adjusters and public adjuster apprentices, specify terms and conditions of public adjuster contracts, require a public adjuster license number on advertisements and prescribe practices to ensure fair dealing between public adjusters and claimants.
  • Proposed changes to 69B-220.201 – Ethical Requirements for All Adjusters update the code of ethics for all adjusters, clarify their ethical responsibilities and requirements and provide other special ethical requirements for public adjusters.

Wednesday, August 18

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

Thursday, August 19

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

Friday, August 20

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

Wednesday, August 25

• FWCJUA Reinsurance Committee; 2:00 p.m.  To view the meeting notice, click here.
• Citizens Audit Committee; 2:30 p.m.  Teleconference:  877-260-2826.  To view the meeting notice, click here.
• Citizens Finance and Investment Committee; 4:00 p.m.  Teleconference:  888-277-7951.  To view the meeting notice, click here.

Thursday, August 26

• Citizens Board of Governors meeting; 9:00 a.m.  Teleconference:  (888) 295-6211.  To view the meeting notice, click here.

Monday, August 30

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

 

 

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

 

 

To unsubscribe from this newsletter, please send an email to bellis@cftlaw.com.