Florida Office of Insurance Regulation Hurricane Loss Mitigation Discount And Inspection Form Rule Hearing To Be Held December 21
Nov 23, 2009
The Florida Financial Services Commission, Office of Insurance Regulation (“OIR”) has issued a Notice of Proposed Rule regarding the following insurance premium discount for hurricane loss mitigation Rule:
- 69O-170.0155: Forms
The proposed Rule amendments would adopt revised versions of Form OIR-B1-1655, entitled “Notice of Premium Discounts for Hurricane Loss Mitigation” and Form OIR-B1-1802, entitled “Uniform Mitigation Verification Inspection Form.”
Both Forms are being revised based on changes that have been made to the My Safe Florida Home program and experiences of the OIR, insurers and policyholders.
- Form OIR-B1-1655 is being revised to remove references to the free inspections and grants offered by the My Safe Florida Home program, since the inspections and grants are no longer available.
- Form OIR-B1-1802 is being revised to use terminology commonly used in the construction industry in describing the construction features to be inspected, as well as to require verification that the inspector actually conducted the inspection.
Copies of the Rule Notices with proposed Rule texts, the Uniform Mitigation Verification Form and Notice of Premium Discounts for Hurricane Loss Mitigation are attached.
If requested in writing within 21 days of the date of this Notice, a Rule hearing will be held at the date, time and place shown below (if not requested, this hearing will not be held):
Date: Monday, December 21, 2009
Time: 9:00 a.m.
Place: Room 116 of the Larson Building, 200 East Gaines Street, Tallahassee
Should you have any questions or comments, please contact Colodny Fass.
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