Florida Insurance Calendar: March 18 – 22

 

Following is a listing of Florida insurance-related legislative and regulatory events for the week of March 18-22, 2013:

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

    

FLORIDA INSURANCE LEGISLATIVE EVENTS

 

Tuesday, March 19

• House Insurance and Banking Subcommittee meeting; 1:00 p.m. to 3:30 p.m.  To view the complete agenda, click here.
  • PCS for HB 819 relating to Florida Commission on Hurricane Loss Projection Methodology
  • PCS for HB 1191 relating to Captive Insurance
  • PCB IBS 13-03 relating to Public Records/Money Services Businesses

Wednesday, March 20

• Senate Committee on Banking and Insurance meeting; 3:00 p.m. to 5:00 p.m.  To view the complete agenda, click here.
  • SB 468 relating to Commercial Insurance Rates and Forms
  • SB 648 relating to Health Insurance Marketing Materials
  • SB 242 relating to Interstate Insurance Product Regulation Compact
  • SB 356 relating to Financial Guaranty Insurance Corporations
  • SB 324 relating to Florida Insurance Guaranty Association
  • SB 1046 relating to Insurance
  • SB 662 relating to Workers’ Compensation
  • SB 1662 relating to Establishment of a Clearinghouse Diversion Program Within the Citizens Property Insurance Corporation
  • SB 1606 relating to Public Records/Citizens Property Insurance Corporation

 

 

FLORIDA INSURANCE REGULATORY EVENTS

       

Tuesday, March 19

• Florida Office of Insurance Regulation (“OIR”) Rule Development Workshop; 9:30 a.m.  Proposed changes to the following Rules would adopt annuity mortality tables (recently adopted by the National Association of Insurance Commissioners to create uniformity among states) for use in financial reporting of annuity reserves as set forth in s.625.121, F.S.  To view the hearing notice, click here.
  • 69O-162.102:  Purpose
  • 69O-162.103:  Definitions
  • 69O-162.104:  Individual Annuity or Pure Endowment Contracts
  • 69O-162.106:  Application of 1994 GAR Table
  • 69O-162.108:  Tables

• 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 21

• Citizens Property Insurance Corporation (“Citizens”) Audit Committee meeting; 1:00 p.m. to 2:30 p.m.  Orlando, Florida.  Teleconference:  866-361-7525; conference ID:  3877541849#.  To view the meeting notice, click here.
• Florida Hurricane Catastrophe Fund (“FHCF”) Advisory Council meeting; 1:30 p.m. to 5:00 p.m.  Obtain approval for the 2013 FHCF Contract Year Premium Formula, and to file Rule 19-8.028, “Reimbursement Premium Formula,” for publication.  An additional meeting will be held March 28 if deemed necessary.  Teleconference:  (888) 670-3525; conference code:  7135858151.  To view the meeting notice, click here.
• Citizens Market Accountability Advisory Committee meeting; 3:00 p.m. to 4:00 p.m.  Orlando, Florida.  Teleconference:  866-361-7525; conference ID: 7849939192#.  To view the meeting notice, click here.
• (CANCELED) Citizens Finance and Investment Committee meeting; 4:00 p.m.  Orlando, Florida.  Teleconference:  866-361-7525; conference ID:  2478401990#.  To view the meeting notice, click here.

 Friday, March 22

• Citizens Florida Market Assistance Plan Board of Governors meeting; 8:00 a.m. to 9:00 a.m.  Orlando, Florida.  Teleconference:  866-361-7525; conference ID:  4492603407#.  To view the meeting notice, click here.
• Citizens Board of Governors meeting; 9:00 a.m. to 1:00 p.m. Orlando, Florida.  Teleconference:  888-942-8686; conference ID: 5743735657#.  To view the meeting notice, click here.
• Florida Self-Insurers Guaranty Association meeting; 3:00 p.m.  Tallahassee, Florida.  To view the meeting notice, click here.

 

LOOKING AHEAD

 

Tuesday, April 2

• Florida Division of Workers’ Compensation (“DWC”) Proposed Rule Hearing; 10:30 a.m.  Proposed repeal of Rule 69L-10.0165, “On-site Audit Criteria,” because it offers no practical application.  The Rule provides guidance relating to the on-site audit of entities making claims for reimbursement against the Special Disability Trust Fund. The DWC continually audits such claims in-house in a process that ensures there is no reimbursement of claims without sufficient documentation.  To view the hearing notice, click here.

Wednesday, April 10

• DWC Proposed Rule Hearing; 10:30 a.m.  Proposed Rule 69L-6.012, entitled “Notice of Election to be Exempt,” would provides employers seeking exemptions from the coverage requirements found under Chapter 440, F.S., with an electronic method for submittal of Form DFS-F2-DWC-250 (Notice of Election to be Exempt).  To view the hearing notice, click here.

Monday, April 15

• Florida Surplus Lines Service Office (“FSLSO”) Audit Committee meeting; 11:30 a.m.  Agenda includes discussion of the 2012 FSLSO Financial Audit.  To view the meeting notice, click here.
• FSLSO Board of Governors meeting; 1:00 p.m. To view the meeting notice, click here.

 

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