Florida Insurance Calendar: October 19-23, 2015

 

Following is a listing of Florida insurance-related legislative and regulatory events for the week of October 19, 2015, and beyond.  All times are shown in Eastern Time.

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

 

FLORIDA INSURANCE LEGISLATIVE EVENTS

 

2015-2016 Interim Committee Meetings

• Week of October 19, 2015
  • Tuesday, October 20
    • Senate Committee on Banking and Insurance
• To view the complete interim committee meeting schedule, click here.

 

 

FLORIDA INSURANCE REGULATORY EVENTS   

 

Tuesday, October 20

• 9:30 a.m.–Florida Office of Insurance Regulation (“OIR”) Rule Development Workshop.  Tallahassee, Florida.  Proposed amendments to Rules 69O-143.046, -.047, -.056, which regulate the operation of insurance holding companies and their affiliates and the acquisition process of insurance entities, would implement recent statutory requirements, update and clarify the Rules, and adopt and incorporate forms by reference.  To view the meeting notice, click here.
• 10:00 a.m.–Florida Workers’ Compensation Joint Underwriting Association (“FWCJUA”) Board of Governors teleconference meeting.  To view the agenda, click here.
• 2:00 p.m.–Florida Surplus Lines Service Office (“FSLSO”) Budget Committee meeting.  Tallahassee, Florida.  Agenda includes review of FSLSO proposed 2016 budget.  To view the meeting notice, click here.

Wednesday, October 21

• 9:00 a.m.–FSLSO Quarterly Board of Governors meeting.  Tallahassee, Florida.  To view the meeting notice, click here.
• 9:00 a.m.–OIR Public Rate Hearing:  National Council on Compensation Insurance (“NCCI”).  Tallahassee, Florida.  The NCCI has requested an overall average decrease in rate levels of 1.9% for the voluntary market for all new and renewal workers’ compensation insurance policies written in the State of Florida, effective January 1, 2016.   The filing also includes a decrease to the expense constant from $200 to $160 which, when combined with the rate level decrease, would result in an overall average premium decrease of 2.2%.  To view the hearing notice, click here.
• 10:00 a.m.–Florida Board of Employee Leasing Companies (“BELC”) meeting.  Teleconference:  (888) 670-3525; conference code:  2295006118.  To view the meeting notice, click here.

Thursday, October 22

• 10:00 a.m.–Florida Division of Consumer Services Rule Development Workshop.  Tallahassee, Florida.  Proposed amendments to Rules 69J-8.008, “Selection of Neutral Evaluator,” and 69J-8.009, “Evaluation Process,” would increase the period of time that an insurer has to contact an insured after notice of a request to have a neutral evaluation of a sinkhole claim from three days to five, as well as clarify that failure to comply with the five-day requirement does not invalidate a party’s right to neutral evaluation or to disqualify proposed evaluators without cause.  To view the meeting notice, click here.

 

LOOKING AHEAD

 

Tuesday, October 27

• 9:00 a.m.–Florida Cabinet meeting.  Complete agenda is forthcoming.
  • Florida Hurricane Catastrophe Fund (“FHCF”)
    • Obtain approval to file Rule 19-8.010, “[FHCF] Reimbursement Contract” for Notice of Proposed Rule
• 10:00 a.m.–Florida Division of Insurance Agents and Agency Services Rule Development Workshop.  Tallahassee, Florida.  Rule Chapter 69B-227 establishes requirements for courses, course providers and instructors offering pre-licensing education to insurance agents and other licensees.  Proposed Chapter amendments address approval of school officials, a shorter timeframe for course approval, standards for suspension or revocation of authorization of providers, instructors, and school officials, as well as other changes.  To view the meeting notice, click here.

Thursday, November 12

• 10:00 a.m.–FWCJUA Audit Committee meeting.  To view the meeting notice, click here.

Tuesday, November 17

• 9:00 a.m. to 4:00 p.m.–Florida Commission on Hurricane Loss Projection Methodology meeting.  The FCHLPM Flood Standards Development Committee will meet to recommend Discussion Flood Standards, followed by an FCHLPM meeting to adopt the standards, as well as an on-site feedback process.  An agenda is forthcoming.

Thursday, November 19

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

Wednesday, December 9

• 9:00 a.m. to 12:00 p.m.–Florida Citizens Property Insurance Board of Governors meeting.  To view the meeting notice, click here.
• 10:00 a.m.–FWCJUA Board of Governors meeting.  To view the meeting notice, click here.

Wednesday, December 21

• 10:00 a.m.–BELC meeting.  Teleconference:  (888) 670-3525; conference code:  2295006118.  To view the meeting notice, click here.

 

 

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