Florida Insurance Calendar: March 22-26

 

Following is a listing of insurance-related Florida legislative and regulatory events for the week of March 22-26, 2010:

Note:  All times are Eastern Standard Time.  Additional information is available via hyperlink were noted in bold type.

 

FLORIDA INSURANCE LEGISLATIVE EVENTS

To view Florida Legislative Session Block Calendars for March 22-26, click on the hyperlinks below:

• Senate
• House of Representatives

Tuesday, March 23

• Session
  • House; 9:00 a.m. to 11:00 a.m
    • HB 949 relating to the Florida Hurricane Catastrophe Fund
    • SB 1460 relating to the Florida Hurricane Catastrophe Fun
  • Senate; 9 a.m. to Noon
    • SB 844 relating to Life Insurance
• Senate Committee on Education Pre-K through 12
  • SB 2580 relating to Group Insurance for Public Employees
• Senate Committee on Banking and Insurance

 

FLORIDA INSURANCE REGULATORY EVENTS 

Monday, March 22 

• Florida Office of Insurance Regulation (“OIR) Rule Development Workshop; 69B-210.010: Unlawful Inducements, Title Insurance; 2:30 p.m. For meeting information, click here.

Tuesday, March 23

• Florida Cabinet (Note: Meeting begins at 2 p.m.) To view the agenda, click here.
  • State Board of Administration
    • Will address and act on the need to raise additional revenue to fund the obligations, costs and expenses of the Florida Hurricane Catastrophe Fund (“FHCF”) and the FHCF Financing Corporatio
  • Florida Department of Revenue
    • Insurance premium tax and corporate income tax credits for contributions to non-profit scholarship funding organizations; proposed Rules to administratively implement recent statutory changes regarding the tax credits for Florida Alternative Minimum Tax and contributions to non-profit scholarship funding organizations

Wednesday, March 24

• OIR Proposed Rule Hearing: Health care-related rules are being amended to publish new business rates that will be effective for 2010; 9:30 a.m. Click here to view the complete meeting notice and proposed Rule text. Agenda includes:
  • 69O-157.302: Facility Only Rat
  • 69O-157.303: Home Health Care Only Rate
  • 69O-157.304: Comprehensive Only Rates
• U.S. House Financial Services Subcommittee on Financial Institutions and Consumer Credit Hearing; 2:00 p.m. “Keeping Score on Credit Scores: An Overview of Credit Scores, Credit Reports and their Impact on Consumers“

Thursday, March 25

• CANCELED: Florida Hurricane Catastrophe Fund Advisory Council. This additional time had been scheduled for a continuation of the March 18 meeting, but is no longer required.

 

LOOKING AHEAD

March 25-28

• National Association of Insurance Commissioners Spring 2010 National Meeting; Denver, Colorado
  • Final Agenda
  • Preview

March 30

• Florida Department of Financial Services, Division of Workers’ Compensation Rule Development Workshop on proposed Rule 69L-6.026: Periodic Reports relating to reporting requirements for employers released from stop-work orders for which assessed penalties exceed $50,000 for violation of the coverage requirements of Chapter 440, F.S.

April 6

• OIR Rule Development Workshop; 9:30 a.m. Rule amendments would adopt the 2010 NAIC Quarterly Statement Instructions and 2010 NAIC accounting practices and procedures manual. To view the meeting notice, click here.
  • 69O-137.001: Annual and Quarterly Reporting Requirement

April 8

• OIR public rate hearing: Cotton States Mutual Insurance Company; 1:00 p.m.

Pending Rule Development

• The OIR advises that it will be considering proposed Rule 69O-138.001: NAIC Financial Condition Examiners Handbook Adopted. The current Rule adopted the 2009 version.

 

 

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

 

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