Florida Insurance Calendar: March 17 – 21
Mar 14, 2014
Following is a listing of Florida insurance-related legislative and regulatory events for the week of March 17-21, 2014. All times are shown in Eastern Time.
Additional information is available via hyperlink where noted in bold type.
FLORIDA INSURANCE LEGISLATIVE EVENTS
Wednesday, March 19
- Florida House Insurance and Banking Subcommittee meeting; 9:00 a.m. to 11:00 a.m.
- Florida Senate Committee on Banking and Insurance meeting; 11:00 a.m. to 12:30 p.m. Agenda includes consideration of the following bills:
- SB 754 relating to Certificates of Destruction by Senator Rob Bradley
- SB 1344 relating to Insurance Association Appointments by Senator Oscar Braynon
- SM 1538 relating to Terrorism Risk Insurance Act by Senator Aaron Bean
- SB 1260 relating to Insurance by Senator Jeff Brandes
- SB 1274 relating to Citizens Property Insurance Corporation by Senator Alan Hays
FLORIDA INSURANCE REGULATORY EVENTS
Wednesday, March 19
- Florida Board of Employee Leasing Companies Board meeting; 10:00 a.m. Teleconference: 888-670-3525; conference code: 7489217568#. To view the meeting notice, click here. To view the agenda, click here.
Thursday, March 20
- State Board of Administration (“SBA”)/Florida Hurricane Catastrophe Fund (“FHCF”) Rule Development Workshop; 9:00 a.m. to 11:00 a.m. Tallahassee, Florida. Discussion of premium formula requirements for the FHCF 2014-2015 Contract Year under proposed amendments to Rule 19-8.028. To view the workshop notice, click here.
- The FHCF Advisory Council will meet at 1:30 p.m. in Tallahassee to obtain approval for the 2014 Contract Year Premium Formula and to file Rule 19-8.028 for Notice of Proposed Rule. Teleconference: (888) 670-3525; conference code: 7135858151. To view the agenda, click here.
- Florida Insurance Guaranty Association (“FIGA”) Finance and Audit Committee meeting; 2:30 p.m. Tampa, Florida. To view the meeting notice, click here.
Friday, March 21
- FIGA Board of Directors meeting; 9:30 a.m. Tampa, Florida. To view the meeting notice, click here.
LOOKING AHEAD
Monday, March 31
- SBA/FHCF Proposed Rule Hearing; 9:00 a.m. Tallahassee, Florida. To view the hearing notice, click here.
- Proposed amendments to Rule 19-8.013, “Revenue Bonds Issued Pursuant to Section 215.555(6), F.S.,” would conform the Rule to legislation that changed the name of the Florida Hurricane Catastrophe Fund Finance Corporation to the State Board of Administration Finance Corporation, and to make other editorial changes.
- Proposed amendments to Rule 19-8.029, “Insurer Reporting Requirements,” would adopt the Data Call and other applicable requirements for the FHCF 2014-2015 Contract Year, revise the Rule and Forms to provide for online reporting of exposure and clarify the treatment of certain mixed-use structures.
- Proposed amendments to Rule 19-8.030, “Insurer Responsibilities,” would adopt the examination instruction forms applicable to the FHCF 2014-2015 Contract Year, require online loss reporting and address implementation of the online reporting system.
Tuesday, April 1
- Florida Division of Workers’ Compensation (“DWC”) public meeting; 9:30 a.m. to 4:30 p.m. Receive comments related to possible changes to the Ambulatory Surgical Center Reimbursement Manual, including revisions regarding maximum reimbursement allowances established for specific procedure codes, electronic billing policies for payors and payees, and the Florida Workers’ Compensation Uniform Medical Treatment/Status Reporting Form (DWC-25). To view the meeting notice, click here.
Tuesday, April 8
- Florida DWC Proposed Rule Hearing; 9:00 a.m. to 11:00 a.m. Proposed Rulemaking would provide guidance to current, former and prospective self-insurers regarding allowable, purpose-specific methods for use when determining a self-insured’s net worth. The proposed Rules also would provide for an increase in the maximum dollar-amount (and, in the alternative, an increase in the percentage-amount of a self-insured’s net worth) of a self-insured’s per occurrence retention rate. The proposed increase in the maximum amount of the per occurrence retention rate would provide self-insurers with a measure of flexibility in controlling the costs of excess insurance. To view the hearing notice, click here.
Wednesday, April 9
- Florida Workers’ Compensation Insurance Guaranty Association (“FWCIGA”) Investment Committee meeting. To view the meeting notice, click here.
Thursday, April 10
- FWCIGA Audit Committee and Board of Directors meetings. To view the meeting notice, click here.
Monday, April 14
- Florida Surplus Lines Service Office Board of Governors meeting; 1:00 p.m. Tallahassee, Florida. To view the meeting notice, click here.
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