Florida Insurance Calendar: June 13 – 17

 

Following is a listing of insurance-related Florida regulatory events for the week of June 13-17, 2011:

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

 

FLORIDA INSURANCE REGULATORY EVENTS

   

Tuesday, June 14

• Florida Office of Insurance Regulation (“OIR”) Proposed Rule Hearing; 9:30 a.m. 
  • 69O-137.001:  Annual and Quarterly Reporting Requirements.  To view the hearing notice and proposed Rule text, click here.
  • 69O-138.001:  NAIC Financial Examiners Handbook Adopted.  To view the hearing notice and proposed Rule text, click here.
• 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.

Wednesday, June 15

• Florida Board of Employee Leasing Companies (“BELC”) Board meeting; 10:00 a.m.  To view the agenda, click here.
• Florida Workers’ Compensation Insurance Guaranty Association (“FWCIGA”) Board of Directors meeting; 10:00 a.m.  To view the meeting notice, click here.
• Florida Self-Insurers Guaranty Association Board of Directors meeting; 2:30 p.m.  To view the meeting notice, click here.

Thursday, June 16

• Florida Cabinet meeting; 9:00 a.m.  To view the agenda, click here. 
  • OIR
    • Approval for publication
      • Proposed Rule 69O-138.047:  Description of Actuarial Memorandum including an Asset Adequacy Analysis and Regulatory Asset Adequacy Issues Summary
      • Proposed Rule 69O-162.203:  Adoption of 2001 Commissioners Standard Ordinary (CSO) Preferred Mortality Tables for Determining Reserve Liabilities for Ordinary Life Insurance
      • Proposed Rule 69O-164.020:  Valuation of Life Insurance Policies
    • Approval of appointments to the Florida Workers’ Compensation Joint Underwriting Association Board of Governors
    • Update on the financial condition of Citizens Property Insurance Corporation
  • State Board of Administration
    • Authorize the Florida Hurricane Catastrophe Fund (“FHCF”) to file Emergency Rule 19ER11-2, “Reimbursement Contract,” which would amend Articles V and VI of the 2011/2012 FHCF Reimbursement Contract to implement statutory changes made by CS/CS/CS/SB 408; to file a Notice of Proposed Rule for Rule 19-8.010, “Reimbursement Contract,” and to authorize filing this Rule for adoption if no member of the public requests a Rule hearing.  To view the hearing notice, click here.
• OIR Public Rate Hearing:  Hartford Insurance Company of the Midwest; 9:00 a.m.  To view the hearing notice, click here.  To view the agenda, click here.
• Florida Commission on Hurricane Loss Projection Methodology (“FCHLPM”) meeting; 10:00 a.m. until the meeting concludes.  The FCHLPM is scheduled to review computer models submitted under its Standards and Acceptability Process for 2009.  Teleconference:  888-808-6959.  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.

 

LOOKING AHEAD

 

Monday, June 20

• OIR Proposed Rule Hearing; 9:30 a.m.  Proposed Rule 69O-170.0155 would update Form OIR-B1-1802, also known as the “Uniform Mitigation Verification Inspection Form,” to reflect 2010 statutory changes and other related issues.  To view the hearing notice, click here.
• FHCF Proposed Rule Hearing; 9:00 a.m.  To view the hearing notice, click here.
  • Proposed Rule 19-8.029, “Insurer Reporting Requirements,” would adopt the 2011/2012 FHCF Data Call and the 2011/2012 FHCF Interim and Proof of Loss forms.
  • Proposed Rule 19-8.030, “Insurer Responsibilities,” would adopt the 2011/2012 FHCF Exposure and Loss Examination Advance Preparation Instructions and the 2011/2012 FHCF Interim and Proof of Loss forms.

Tuesday, June 21

• 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.

Thursday, June 23

• Florida Division of Workers’ Compensation (“DWC”) Proposed Rule Hearing; 9:00 a.m.  The proposed Rules would require carriers to satisfy certain mandatory reporting to the DWC by filing the required medical claims data elements and any other medical billing and payment information under subsections 69L-7.602(5) and (6), F.A.C.  The proposed Rule chapter would introduce an elective reporting process by which any person may report a health care provider’s violation of Chapter 440, F.S. and applicable administrative Rules to the DWC.  To view the hearing notice, click here.
  • 69L-34.001: Definitions
  • 69L-34.002: Mandatory Carrier Reporting
  • 69L-34.003: Referral of Alleged Health Care Provider Violation
  • 69L-34.004: Timeliness of Referral
  • 69L-34.005: Referral Investigation
  • 69L-34.006: Invalid Referrals
• 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.

Friday, June 24

• Citizens Property Insurance Corporation (“Citizens”) Information Systems Advisory Committee meeting; 1:30 p.m.  Additional information is forthcoming.  To view the meeting notice, click here.

Tuesday, June 28

• 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.

Wednesday, June 29

• Citizens Board of Governors meeting; 2:00 p.m.  Additional information is forthcoming.

Thursday, June 30

• Citizens Claims Committee meeting; 9:00 a.m.  Teleconference:  877-866-0039.  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.
• Citizens Actuarial and Underwriting Committee meeting; 1:00 p.m.  Teleconference: 877-865-3696.  To view the meeting notice, click here.

Tuesday, July 5

• 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.

Thursday, July 7

• 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.

Tuesday, July 12

• 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.

Wednesday, July 13

• Citizens Board of Governors meeting; 9:00 a.m.  Teleconference:  877-865-3522.  To view the meeting notice, click here.

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.

Tuesday, July 19

• 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.

Wednesday, July 20

• BELC Board meeting; 10:00 a.m.  Additional information forthcoming.
• FWCIGA Investment Committee meeting; 10:00 a.m.  To view the meeting notice, click here.

Thursday, July 21

• 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.

 Thursday, August 18

• Florida Workers’ Compensation Joint Underwriting Association (“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.

 

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

 

 

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