Florida Insurance Calendar: May 18-22, 2015

 

Following is a listing of Florida insurance-related legislative and regulatory events for the week of May 18-22, 2015.  All times are shown in Eastern Time.

Additional information is available via hyperlink where noted in bold type.

 

 

FLORIDA INSURANCE REGULATORY EVENTS   

 

Tuesday, May 19

• 2:00 p.m.–Florida Workers’ Compensation Joint Underwriting Association (“FWCJUA”) Producer Committee meeting.  To view the agenda, click here.

Wednesday, May 20

• Florida Board of Employee Leasing Companies meeting.  To view the meeting notice, click here.

 

LOOKING AHEAD

 

Wednesday, May 27

• 1:00 p.m.–Florida Department of Revenue Proposed Rule Hearing.  Tallahassee, Florida.  Proposed amendments to Rule 12B-8.001, “Insurance Premium Tax; Rate and Computation,” address the computation of the installment payment amount required to meet the prior year exception pursuant to s.624.5092, F.S., when a taxpayer has made one or more qualifying contributions to eligible nonprofit scholarship-funding organizations.  Section 17, Chapter 2014-184, Laws of Florida, provides that, for purposes of determining if a penalty under s.624.5092 should be imposed on the underpayment of an installment, an insurer may reduce the installment amount required to meet the prior year exception in that taxable year by the amount of the credit earned under s.624.51055 (Credit for contributions to eligible nonprofit scholarship-funding organizations).  To view the hearing notice, click here.

Monday, June 1

• 10:00 a.m.–Florida Workers’ Compensation Insurance Guaranty Association Board of Directors meeting.  Tallahassee, Florida.  To view the meeting notice, click here.

Tuesday, June 2

• 9:30 a.m.–Florida Division of Workers’ Compensation Proposed Rule Hearing.  Tallahassee, Florida.  
  • Existing Rule 69L-7.710, F.A.C. has been rewritten and re-organized into five proposed Rules that are intended to replace it under existing Chapter 69L-7, entitled “Workers’ Compensation Medical Reimbursement and Utilization Review.”  The proposed Rules incorporate updated versions of Form DFS-F5-DWC-9 and related instructions, including revised instructions for dispensing practitioners when billing for dispensed medications, and for pharmacists billing on Form DFS-F5-DWC-10.  For more information and to view the hearing notice, click here.

Thursday, June 4

• 9:30 a.m.–Florida Office of Insurance Regulation (“OIR”) Rule Development Workshop.  Tallahassee, Florida.  Proposed amendments to Rules 69O-154.202,-.203,-.204 would adopt updated National Association of Insurance Commissioners long-term disability morbidity tables.  To view the meeting notice, click here.
• 11:00 a.m.–OIR Proposed Rule Hearing.  Tallahassee, Florida.  Proposed amendments to Rule 69D-2.005, “Compliance and Enforcement,” would clarify the Rule, which provides that the OIR “shall” conduct audits to determine insurance company compliance with anti-fraud laws and take appropriate action against insurers for failure to comply.  The amendment would change “shall” to “may” to comply with s.624.307, F.S., and would clarify that the Florida Department of Financial Services has the authority to take action for failure to comply.  To view the hearing notice, click here. 

Tuesday, June 9

• 10:00 a.m. to 11:30 a.m.–Florida Citizens Property Insurance (“Citizens”) Information Systems Advisory Committee meeting.  Teleconference: (866) 361-7525; conference code: 4869641229.  To view the meeting notice, click here.

Wednesday, June 10

• 9:00 a.m.–FWCJUA Board of Governors meeting.  To view the meeting notice, click here.

Tuesday, June 16

• 10:00 a.m. to 11:00 a.m.–Citizens Consumer Services Committee meeting.  Teleconference: (866) 361-7525; conference code:  6487811621.  To view the meeting notice, click here.

Monday, June 22

• 2:00 p.m.–Florida Self-Insurers Guaranty Association Board of Directors meeting.  Teleconference:  (866) 866-2244; conference code: 7903005. 

Tuesday, June 23

• Citizens meetings.  Maitland, Florida.  To view the meeting notices, click here.
  • 10:30 a.m. to 12:00 p.m.–Market Accountability Advisory Committee.  Teleconference: (866) 361-7525; conference code: 7849939192.
  • 1:00 p.m. to 2:00 p.m.–Audit Committee.  Teleconference: (866) 361-7525; conference code: 3877541849.
  • 2:30 p.m. to 3:00 p.m.–Finance and Investment Committee.  Teleconference:  (866) 361-7525; conference code: 2478401990.
  • 3:30 p.m. to 5:00 p.m.–Actuarial and Underwriting Committee.  Teleconference: (866) 361-7525; conference code: 8632017402.

Wednesday, June 24

• 9:00 a.m. to 12:00 p.m.–Citizens Board of Governors meeting.  Maitland, Florida.  To view the meeting notice, click here.

Tuesday, July 28

• 1:00 p.m.–Florida Surplus Lines Service Office Board of Governors meeting.  Naples, Florida.  To view the meeting notice, click here.

 

 

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