Florida Insurance Calendar: May 9 – 13

 

Following is a listing of insurance-related Florida legislative and regulatory events for the week of May 9-13, 2011:

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

 

FLORIDA INSURANCE LEGISLATIVE EVENTS

• The 2011 Florida Regular Legislative Session officially concluded on May 6, 2011. 

 

 

FLORIDA INSURANCE REGULATORY EVENTS

 

Tuesday, May 10

• Florida Surplus Lines Service Office (“FSLSO”) National Clearinghouse Committee meeting; 10:00 a.m.  Agenda includes proposed national surplus lines tax clearinghouse issues.  To view the meeting notice, click here.
• Citizens Property Insurance Corporation (“Citizens”) Audit Committee meeting; 11:00 a.m.  Teleconference:  877-865-3965.  To view the meeting notice, click here.
• Florida Department of Financial Services Division of Agents and Agency Services Rule Development Workshop; 2:00 p.m.  Proposed repeal of subsection (5)(d) of Rule 69B-220.201, relating to public insurance adjuster ethical requirements, because it is superseded by the enactment of Section 626.854(11), F.S.  To view the hearing notice, click here.

Wednesday, May 11

• Citizens Finance and Investment Committee meeting; 1:00 p.m.  Teleconference:  877-866-3074.  Agenda includes discussion of pre-event liquidity financing.  To view the meeting notice, click here.
• Citizens Board of Governors meeting; 2:00 p.m.  Teleconference:  877-865-3522.  To view the meeting notice, click here.

Thursday, May 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.
• Florida Office of Insurance Regulation (“OIR”) Public Rate Hearing:  Fidelity National Property and Casualty Insurance Company; 1:00 p.m.  To view the meeting notice, click here.  To view the agenda, click here. 

 

LOOKING AHEAD

 

Sunday, May 15

• Florida Governor’s 2011 Hurricane Conference; May 15-20.  For additional information, click here.

Tuesday, May 17

• Florida Cabinet; 9:00 a.m.
  • OIR
    • 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
  • State Board of Administration
    • Authorize the Florida Hurricane Catastrophe Fund to file a Notice of Proposed Rule for Rules 19-8.029, “Insurer Reporting Requirements,” and 19-8.030, “Insurer Responsibilities,” and to authorize filing these rules for adoption if no member of the public requests a Rule hearing.  To view the hearing 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.
• Florida Hurricane Catastrophe Fund (“FHCF”) Advisory Council meeting; 1:30 p.m.  Agenda includes discussion on the May estimated claims paying capacity and other general business.  Teleconference:  888-808-6959; conference code:  4765251363.  To view the meeting notice, click here.

Wednesday, May 18

• Florida Board of Employee Leasing Companies (“BELC”) Board of Directors Meeting.  Additional information is forthcoming.

Thursday, May 19

• OIR Hearing on the life insurance industry’s policies, practices and procedures; 9:30 a.m.  To view the meeting notice, click here.  To view the agenda, 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.

Friday, May 20

• Florida Workers’ Compensation Joint Underwriting Association (“FWCJUA”) Investment Committee meeting; 10:00 a.m.  To view the meeting notice, click here.  To view the agenda, click here.

Tuesday, May 24

• 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.
• FHCF 2011 Participating Insurers Workshop; May 24-25.  To access registration information, click here.

Thursday, May 26

• 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, May 27

• FWCJUA Joint and Concurrent Operations and Rates and Forms Committee meeting; 10:00 a.m.  To view the meeting notice, click here.

Tuesday, May 31

• 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 2

• Florida Commission on Hurricane Loss Projection Methodology (“FCHLPM”) meeting; 10:00 a.m. to 12:30 p.m.; 3:00 p.m. until the meeting concludes.  The Commission is scheduled to review computer models submitted under the standards and acceptability process for 2009.  A second meeting is scheduled for Thursday, June 16.  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.

Tuesday, June 7

• FWCJUA Board of Governors meeting; 10:00 a.m. To view the meeting notice, click here.

Tuesday, June 14

• OIR Proposed Rule Hearing; 9:30 a.m. 
  • 69O-137.001:  Annual and Quarterly Reporting Requirements.  To view the hearing notice, click here.
  • 69O-138.001:  NAIC Financial Examiners Handbook Adopted.  To view the hearing notice, click here.

Wednesday, June 15

• BELC Board of Directors Meeting; Additional information is forthcoming.
• Florida Self-Insurers Guaranty Association Board of Directors meeting; 2:30 p.m.

Thursday, June 16

• FCHLPM meeting; 10:00 a.m. until the meeting concludes.  The Commission is scheduled to review computer models submitted under the standards and acceptability process for 2009.  Teleconference:  888-808-6959.  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.

 

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

 

 

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