Florida Insurance Calendar: September 28 – October 2, 2015

 

Following is a listing of Florida insurance-related regulatory events for the week of September 28-October 2, 2015.  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 5, 2015
• To view the complete interim committee meeting schedule, click here.

 

 

FLORIDA INSURANCE REGULATORY EVENTS   

 

Tuesday, September 29

• 9:00 a.m.–Florida Cabinet meeting.  Click here to view the complete agenda.    
  • Florida Office of Insurance Regulation agenda
    • Approval of contract with proposed consultant to conduct Worker’s Compensation Peer Review  
    • For final adoption:
      • Proposed amendments to Rule 69O-166.031, “Mediation of Property Insurance Claims,” would cross reference Florida Department of Financial Services’ Rule 69J-166.031, which comprehensively addresses mediation of residential and commercial property insurance claims. Whereas the two rules used to be identical, the DFS rule changed.  Amendments to the OIR rule also would maintain the penalty for an insurer’s failure to appear at the mediation conference. 
• Florida Citizens Property Insurance (“Citizens”) Committee meetings.
  • 9:30 a.m. to 10:30 a.m.–Depopulation Commmittee.  Teleconference:  (855) 312-8651; conference code:  6201359987#.  To view the meeting documents, click here.
  • 11:00 a.m. to 12:00 p.m.–Market Accountability Advisory Committee.  Teleconference:  (866) 361-7525; conference code:  7849939192#.  To view the meeting documents, click here.
  • 12:30 p.m. to 1:30 p.m.–Finance and Investment Committee.  Teleconference:  (866) 361-7525; conference code:  2478401990#.  To view the meeting documents, click here.
  • 2:00 p.m. to 3:30 p.m.–Audit Committee.  Teleconference:  (866) 361-7525; conference code:  3877541849#.  To view the meeting documents, click here.
  • 4:00 p.m. to 5:00 p.m.–Actuarial and Underwriting Committee.  Teleconference:  (866) 361-7525; conference code:  8632017402#.  To view the meeting documents, click here.
• 1:00 p.m.–Florida Workers’ Compensation Insurance Guaranty Association Audit Committee meeting.  Tallahassee, Florida.  To view the meeting notice, click here.

Wednesday, September 30

• 9:00 a.m. to 12:00 p.m.–Citizens Board of Governors meeting.  Teleconference:  (888) 942-8686; conference code:  5743735657#.  To view the meeting documents, click here.
• 10:00 a.m.–Florida Insurance Guaranty Association Finance and Audit Committee meeting.  Tallahassee, Florida.  To view the meeting notice, click here.

 

LOOKING AHEAD

 

Tuesday, October 6

• 9:00 a.m.–Florida Department of Revenue Rule Development Workshop.  Tallahassee, Florida.  Proposed amendments to Rule 12B-8.003 would adopt, by reference, five forms used in the administration of the insurance premium taxes, fees, and surcharges.  To view the meeting notice, click here.

Thursday, October 8

• Florida Commission on Hurricane Loss Projection Methodology Flood Standards Development Committee meeting. 

Monday, October 12

• 1:00 p.m.–Florida Division of Insurance Agents and Agency Services Rule Development Workshop.  Tallahassee, Florida.  Proposed amendments would update the continuing education rules in Chapter 69B-228, pertaining to requirements and standards for all continuing education courses, providers of continuing education courses, school officials, instructors, supervising instructors, and licensees under Chapters 626 and 648, F.S.  Rules 69B-228.110, .120, .130, .190, and .240 are proposed for repeal.  To view the proposed Rule Chapter, click here.  To view the meeting notice, click here.

Tuesday, October 20

• 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.–Florida Office of Insurance Regulation 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.

Thursday, November 12

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

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.–Citizens 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.

 

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

 

 

Click here to follow Colodny Fass on Twitter (@ColodnyFassLaw)

 

 

To unsubscribe from this newsletter, please send an email to colodnyfassnews@gmail.com.