Florida Insurance Calendar–September 1-5, 2014

 

Following is a listing of Florida insurance-related regulatory events for the week of September 1-5, 2014.  All times are shown in Eastern Time.

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

 

FLORIDA INSURANCE REGULATORY EVENTS   

 

Wednesday, September 3

• Florida Workers’ Compensation Insurance Guaranty Association Investment Committee meeting; 8:30 a.m.  Tallahassee, Florida.  To view the meeting notice, click here.

 

LOOKING AHEAD

 

Monday, September 8

• Florida Citizens Property Insurance Corporation (“Citizens”) Claims Committee meeting; 1:00 p.m. to 3:00 p.m.  Teleconference:  866-361-7525; access code:  5219676193#.  To view the meeting notice, click here.

Tuesday, September 9

• Florida Cabinet meeting; 9:00 a.m.
  • Florida Office of Insurance Regulation (“OIR”) agenda
    • A repeal of Rules 69O-123.001, “Purpose” and 69O-123.002, “Procedure,” relating to the filing of civil remedy notices is proposed because the Florida Department of Financial Services (“DFS”) administers the applicable statutory requirements by Rule 69J-123.002. F.A.C.  The OIR does not enforce the provisions of the filing requirements, therefore the Rules are deemed as unnecessary. 
    • A repeal of Rule Chapter 69O-228 relating to continuing education requirements of insurance representatives is proposed, inasmuch as the OIR does not exercise authority over insurance representatives.  Rather, this is the role of the DFS.
    • Consideration of proposed amendments to Rule 69O-148.001, which addresses requirements for insurance policies that fund annuities and preneed contracts.  Currently, the Rule caps the maximum face amount at $7,500 and the statute caps it at $12,500.  The proposed Rule would remove the dollar amount cap and refer instead to the statute, thereby conforming the Rule with current law.

Wednesday, September 10

• Florida Workers’ Compensation Joint Underwriting Association Annual Membership and Board of Governors meeting; 10:00 a.m.  To view the agenda, click here.  
• Citizens Consumer Services meeting; 11:00 a.m. to 12:00 p.m.  Teleconference:  866-361-7525; access code:  6487811620#.  To view the meeting notice, click here.  

Thursday, September 11

• Florida Department of Revenue Rule (“DOR”) Development Workshop; 9:00 a.m.  Tallahassee, Florida.  Proposed amendments to Rule 12B-8.0016, “DOR Electronic Database,” would provide reference to updates to instructions for the DOR’s Address/Jurisdiction Database used for assigning premiums and policies to local tax jurisdictions.  Proposed amendments to Rule 12B-8.003, “Tax Statement; Overpayments,” would adopt changes to forms used by the DOR in the administration of insurance premium taxes, fees and surcharges.  To view the Workshop notice, click here.

Friday, September 12

• Citizens Information Systems Advisory Committee meeting; 10:30 a.m.  Teleconference:  866-361-7525; access code:  4869641229#.  To view the meeting notice, click here.

Tuesday, September 16

• Florida Division of Insurance Agent and Agency Services Proposed Rule Hearing; 9:30 a.m.  Tallahassee, Florida.  Proposed changes to Rule 69B-220.051, “Conduct of Public Adjusters,” and Rule 69B-220.201, “Ethical Requirements,” would incorporate legislative changes to Part VI of Chapter 626, F.S.  The proposed amendments would clarify the responsiblities and requirements of public adjusters and public adjuster apprentices, define the terms “adjusting services” and “public adjuster apprentice,” specify the terms and conditions of public adjuster contracts, require the license number on advertisements, prescribe practices for fair dealing between public adjusters and claimants, update the code of ethics for all adjusters and delete provisions that reiterate statutory materials.  To view the Hearing notice, click here.

Wednesday, September 17

• FWCIGA Board of Directors meeting; 3:00 p.m.  Tallahassee, Florida.  To view the meeting notice, click here.

Tuesday, September 23

• Citizens Committee meetings; Winter Park, Florida.
  • Market Accountability Advisory Committee; 8:00 a.m. to 9:30 a.m.  Teleconference:  866-361-7525; access code:  7849939192#.  To view the meeting notice, click here.
  • Audit Committee; 10:30 a.m to 11:30 a.m.  Teleconference:  866-361-7525; access code:  3877541849#.  To view the meeting notice, click here. 
  • Depopulation Committee; 1:00 p.m. to 2:00 p.m.  Teleconference:  855-312-8651; access code:  4458606638#.  To view the meeting notice, click here.
  • Finance and Investment Committee; 2:30 p.m. to 3:30 p.m.  Teleconference:  866-361-7525; access code:  2478401990#.  To view the meeting notice, click here.
  • Actuarial and Underwriting Committee; 4:00 p.m. to 5:00 p.m.  Teleconference:  866-361-7525; access code:  8632017402#.  To view the meeting notice, click here.

Wednesday, September 24

• Citizens Board of Governors meeting; 9:00 a.m. to 12:00 p.m.  Orlando, Florida.  Teleconference:  888-942-8686; access code: 5743735657#.  To view the meeting notice, click here.

Friday, October 10

• Florida Insurance Guaranty Association Finance and Audit Committee meeting.  To view the meeting notice, click here.

Tuesday, October 14

• OIR Public Rate Hearing:  National Council on Compensation Insurance (“NCCI”); 9:00 a.m.  Tallahassee, Florida.  NCCI has proposed a statewide average decrease of 2.5 percent.  For an OIR summary about the NCCI filing, click here.   

Wednesday, October 22

• Florida Surplus Lines Service Office Board of Governors meeting; 9:00 a.m.  Tallahassee, Florida.  To view the meeting notice, click here.

 

 

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