Florida Insurance Calendar: November 14 – 18

 

Following is a listing of insurance-related Florida legislative and regulatory events for the week of November 14-18, 2011:

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

 

FLORIDA INSURANCE LEGISLATIVE EVENTS

 

Tuesday, November 15

• Florida House of Representatives Economic Affairs Committee; 4:00 p.m.
  • HB 4059 relating to Property and Casualty Insurance
  • HB 4061 relating to Uniform Home Grading Scale

Wednesday, November 16

• Florida House of Representatives Insurance and Banking Subcommittee; 8:00 a.m.
  • HB 307 relating to Workers’ Compensation Certificate-of-Exemption Process
  • HB 379 relating to Captive Insurance
  • HB 4085 relating to Workers’ Compensation
  • HB 4087 relating to Repeal of a Workers’ Compensation Independent Actuarial Peer Review Requirement
  • HB 119 relating to Motor Vehicle Personal Injury Protection (“PIP”) Insurance
    • Workshop on draft Proposed Committee Substitute
• Florida Senate Committee on Banking and Insurance; 8:30 a.m.
  • Discussion and testimony on potential PIP reform

 

 

FLORIDA INSURANCE REGULATORY EVENTS

 

Monday, November 14

• Florida Office of Insurance Regulation (“OIR”) Proposed Rule Hearing; 10:00 a.m.  The Rules below are proposed for repeal since they are duplicative of Rules 69O-166.021 and 69O-166.024, respectively.  To view the hearing notice, click here.
  • 69B-166.021:  Definitions
  • 69B-166.024:  Failure to Acknowledge Communications and Act Promptly as to Communications with Respect to Claims and to Implement Standards for the Prompt Investigation of Claims
• Citizens Property Insurance Corporation (“Citizens”) Board of Governors Workshop; 10:00 a.m.  Agenda includes discussion of Citizens’ 2012 Budget.  Teleconference:  (888) 942-8686; conference code:  8419204389.  To view the meeting notice, click here.
• Citizens Board of Governors meeting; 1:30 p.m.  Teleconference:  888-942-8686; conference code:  8419204389.  To view the meeting notice, click here.

Tuesday, November 15

• Florida Cabinet meeting; 9:00 a.m.  To view the complete agenda, click here. 
  • Florida Hurricane Catastrophe Fund presentation
  • Financial Services Commission
    • OIR
      • For publication
        • Proposed amendments to Rules 69O-200.004,.005,.006,.009,.014,.015 would incorporate a new category of Motor Vehicle Service Agreement Companies called “Motor Vehicle Manufacturers.”
        • Due to its irrelevance, repeal of Chapter 69O-170 Part IV pertaining to the arbitration of rate filings is proposed.  Under recent changes to Section 627.062(6), F.S., the provision for arbitration was removed.

• Florida Division of Insurance Agent and Agency Services Proposed Rule Hearing; 10:00 a.m. The Rules below pertaining to long-term care insurance are being proposed for repeal since they are duplicative of their corresponding Rule in Chapter 69O-157.  To view the hearing notice, click here.
  • 69B-157.003:  Definition of Terms
  • 69B-157.104:  Policy Practices and Provisions
  • 69B-157.105:  Refund of Premium
  • 69B-157.106:  Required Disclosure Provisions
  • 69B-157.107:  Required Disclosure of Rating Practices to Consumers
  • 69B-157.109:  Prohibition Against Post-Claims Underwriting
  • 69B-157.111:  Reporting Requirements
  • 69B-157.114:  Filing Requirement – Out of State Groups
  • 69B-157.118:  Nonforfeiture Benefit Requirement
  • 69B-157.120:  Standard Format Outline of Coverage
• Florida Surplus Lines Service Office (“FSLSO”) meeting; 10:00 a.m.  A meeting of either the FSLSO Board of Governors or National Clearinghouse Committee is scheduled to occur.  To view the meeting notice, click here.

Wednesday, November 16

• Florida Commission on Hurricane Loss Projection Methodology meeting; 9:00 a.m.  Agenda includes discussion and adoption of the 2011 Standards and Report of Activities.  Teleconference:  888-808-6959; conference code:  4765251363.  To view the meeting notice, click here.
• U.S. House of Representatives Financial Services Committee Hearing:  “Insurance Oversight and Legislative Proposals”; 10:00 a.m.  To view the hearing notice, click here.
• Florida Self-Insurers Guaranty Association Board of Directors Annual meeting; 12:00 p.m.
• Florida Division of Workers’ Compensation (“DWC”) Three-Member Panel meeting; 1:00 p.m. to 3:00 p.m.  Agenda includes discussion of potential reform for various DWC responsibilities, follow-up on recommendations provided to the Legislature in the 2011 Three-Member Panel Biennial Report, an update on DWC initiatives relating to the recently enacted pill mill legislation and consideration of an update to the uniform schedule of maximum reimbursement allowances for Ambulatory Surgical Centers.  To view the meeting notice, click here. 

Thursday, November 17

• Florida Workers’ Compensation Joint Underwriting Association (“FWCJUA”) Audit Committee meeting; 10:00 a.m.  To view the meeting notice, click here.  To view the agenda, click here.
• FSLSO meeting; 10:00 a.m.  A meeting of either the FSLSO Board of Governors or National Clearinghouse Committee is scheduled to occur.  To view the meeting notice, click here.
• Florida Self-Insurers Guaranty Association meeting; 12:00 p.m.  To view the meeting notice, click here.
• Florida Board of Employee Leasing Companies (“BELC”) Meeting.  Orlando, Florida.

 Friday, November 18

• FWCJUA Investment Committee meeting; 10:00 a.m.  To view the meeting notice, click here.  To view the agenda, click here.

LOOKING AHEAD

 

Monday, November 21

• Florida Hurricane Catastrophe Fund (“FHCF”) Proposed Rule Hearing; 1:00 p.m.  Proposed amendments to Rule 19-8.010 would adopt the 2012/2013 FHCF Reimbursement Contract, including Addenda and Optional Amendment.  To view the hearing notice, click here.
• FHCF Advisory Council meeting; 3:00 p.m.  Review of comments from the 1:00 p.m. public hearing.  To view the meeting notice, click here.

Tuesday, November 22

• FSLSO meeting; 10:00 a.m.  A meeting of either the FSLSO Board of Governors or National Clearinghouse Committee is scheduled to occur.  To view the meeting notice, click here.

Thursday, November 24

• FSLSO meeting; 10:00 a.m.  A meeting of either the FSLSO Board of Governors or National Clearinghouse Committee is scheduled to occur.  To view the meeting notice, click here.

Tuesday, November 29

• FSLSO meeting; 10:00 a.m.  A meeting of either the FSLSO Board of Governors or National Clearinghouse Committee is scheduled to occur.  To view the meeting notice, click here.
• FWCJUA Operations Committee meeting; 10:00 a.m.  To view the meeting notice, click here.  To view the agenda, click here.
• FWCJUA Rates and Forms Committee meeting; 1:00 p.m.  To view the meeting notice, click here.  To view the agenda, click here.

Wednesday, November 30

• Citizens Actuarial and Underwriting Committee meeting; 9:00 a.m.  Teleconference:  (866) 361-7525; conference code:  8632017402.  To view the meeting notice, click here.
• FWCJUA Executive Compensation Committee meeting; 11:00 a.m.  To view the meeting notice, click here.  To view the agenda, click here.
• FWCJUA Reinsurance Committee; 2:00 p.m.  To view the meeting notice, click here.  To view the agenda, click here.
• Citizens Claims Committee meeting; 3:00 p.m.  Teleconference:  (866) 361-7525; conference code: 5219676193.  To view the meeting notice, click here.
• Florida Insurance Guaranty Association (“FIGA”) Finance and Audit Committee meeting.  Tampa, Florida.  To view the meeting notice, click here.

Thursday, December 1

• FIGA Board of Directors meeting. Tampa, Florida.  To view the meeting notice, click here.

Tuesday, December 6

• Florida Cabinet meeting; 9:00 a.m.
  • Financial Services Commission
    • OIR
      • For final adoption
        • Proposed Rule 69O-170.0155, which incorporates proposed revisions to Form OIR-B1-1802, also known as the Uniform Mitigation Inspection Form
• FWCJUA Board of Governors meeting; 10:00 a.m.  To view the meeting notice, click here.

Wednesday, December 7

• Florida Workers’ Compensation Insurance Guaranty Association (“FWCIGA”) Investment Committee meeting; 8:30 a.m.  To view the meeting notice, click here.
• FWCIGA Board of Directors meeting; 9:00 a.m.  To view the meeting notice, click here.

Wednesday, December 14

• Citizens Board of Governors meeting; 9:00 a.m.  Teleconference:  888-942-8686; conference code:  8419204389.  To view the meeting notice, click here.

Wednesday, December 21

• BELC Meeting.  Further information is forthcoming.

 

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

 

 

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