Florida Insurance Calendar: October 4 – 8

Following is a listing of insurance-related Florida regulatory events for the week of October 4-8, 2010:

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

 

FLORIDA INSURANCE REGULATORY EVENTS   

   

Tuesday, October 5

• Florida Office of Insurance Regulation (“OIR”) Public Rate Hearing:  National Council on Compensation Insurance; 9:00 a.m.  Agenda forthcoming.  To view the meeting notice, click here.
• National Association of Insurance Commissioners (“NAIC”) Surplus Lines Implementation Task Force meeting; 2:30 p.m.  To register for the teleconference, click here.

Wednesday, October 6

• NAIC Retained Asset Accounts Working Group meeting; 2:00 p.m.  To register for the teleconference, call 800-967-4633.

 

LOOKING AHEAD

 

Monday, October 11

• Florida Division of Workers’ Compensation (“DWC”) Proposed Rule Hearing; 9:00 a.m.  Proposed amendment to Rule 69L-6.007 adopts revised workers’ compensation notice posters that employers with coverage are required to display in their places of business under Section 440.40, Florida Statutes.  To view the meeting notice, click here.
• DWC Proposed Rule Hearing; 1:00 p.m.  Proposed amendment to Rule 69L-3.025 adopts updated English and Spanish versions of workers’ compensation informational brochures that carriers must mail to employers and injured employees under Section 440.185(4), Florida Statutes.  To view the meeting notice, click here.
• Florida Department of Revenue (“DOR”) Rule Development Workshop; 1:30 p.m.  The agenda includes the following tax-related proposed Rules, which also have insurance components:
  • Relating to Insurance Premium Tax
    • 12-24.003: Requirements to File or to Pay Taxes by Electronic Means
    • 12-24.011: Public Use Forms
  • Relating to Insurance Premium Tax and Florida’s Tax Credit Scholarship Program
    • 12-29.001: Scope
    • 12-29.002: Florida Tax Credit Scholarship Program; Participation; Allocation; Carryforward; Rescindment
    • 12-29.003: Florida Tax Credit Scholarship Program; Applications
  • Relating to Red Light Camera Penalty Payment Remittance
    • 12-28.001: Scope
    • 12-28.002: Definitions
    • 12-28.003: Enrollment Procedures
    • 12-28.004: Transmitting Funds and Return/Remittance Detail to the Department
    • 12-28.008: Due Date; General Provisions
    • 12-28.009: Distribution of Funds Received by the Department
• Florida Insurance Guaranty Association Finance and Audit Committee meeting; 2:00 p.m.  To view the meeting notice, click here.

Tuesday, October 12

• Florida Cabinet meeting, 9:00 a.m.  Complete agenda not yet posted. 
  • OIR agenda: (NOTE: These items were rescheduled from the September 28 Cabinet meeting)
    • Proposed Rules relating to the incorporation of a new category of Motor Vehicle Service Agreement Companies called “Motor Vehicle Manufacturers.”  To view the meeting notice, click here.
    • Proposed amendments to Rule 69O-149.303:  Form and Marketing Standards. Relates to the standard disclosure form required to be used in the Cover Florida Health Care Access Program.  To view the meeting notice, click here.
  • Meeting of the Florida State Board of Administration to authorize the Florida Hurricane Catastrophe Fund to file the following Rules for Notice of Proposed Rulemaking and to file these Rules for adoption if no member of the public requests a Rule hearing.  To view the meeting notice, click here.
    • 19-8.010:  Reimbursement Contract
    • 19-8.029:  Insurer Reporting Requirements
    • 19-8.030:  Insurer Responsibilities

Thursday, October 14

• OIR Public Rate Hearing:  Homesite Insurance Company of Florida; 1:00 p.m.  Agenda forthcoming.  To view the meeting notice, click here.

Wednesday, October 20

• Florida Board of Employee Leasing Companies (“BELC”) Board meeting; 10:00 a.m.  Teleconference:  888-808-6959; conference code:  9226020.  To view the meeting notice, click here.

Thursday, October 21

• OIR Public Rate Hearing:  First Community Insurance Company; 1:00 p.m.  Agenda forthcoming.
• Citizens Property Insurance Corporation (“Citizens”) Actuarial and Underwriting Committee meeting; 4:00 p.m.  Teleconference:  866-631-2413

Tuesday, October 26

• Florida Cabinet meeting; 9:00 a.m.  Complete agenda not yet posted.
• Florida Division of Agent and Agency Services Rule Development Workshop; 10:00 a.m.  Proposed Rule 69B-215.235 sets standards for the use and representation to consumers of professional designations or certifications by licensees engaged in the marketing and sale of insurance products.  To view the meeting notice and proposed Rule text, click here.

Monday, November 1

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

Monday, November 8

• Citizens Board of Governors meeting; 8:00 a.m.  Teleconference: 888-295-6211

Wednesday, November 17

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

Thursday, November 18

• FWCJUA Audit Committee meeting; 10:00 a.m.  To view the meeting notice, click here.
• Citizens Actuarial and Underwriting Committee meeting; 2:00 p.m.  Teleconference:  866-631-2413

Friday, November 19

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

Tuesday, November 30

• FWCJUA Reinsurance Committee meeting; 11:00 a.m.  To view the meeting notice, click here.

Tuesday, December 7

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

Tuesday, December 14

• Citizens Audit Committee meeting; 2:30 p.m.  Teleconference:  877-260-2826
• Citizens Finance and Investment Committee meeting; 4:00 p.m.  Teleconference:  888-277-7951

Wednesday, December 15

• Citizens Board of Governors meeting; 9:00 a.m.  Teleconference:  888-295-6211

 

 

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

 

 

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