Insurance-Related Meetings for the Week of September 15-19

Sep 15, 2008

Insurance-Related Meetings for the Week of September 15-19, 2008

Tuesday, September 16

FAJUA

The Florida Automobile Joint Underwriting Association will hold a Board of Governors meeting on Tuesday, September 16 at 8:30 a.m. via teleconference. The call-in number for this meeting is: 877.526.3010; conference code: 6812003.

Florida Cabinet

The Florida Cabinet will meet on Tuesday, September 16 at 9:00 a.m. in the Cabinet Meeting Room, Lower Level, The Capitol, Tallahassee, Florida. To view the complete agenda, click here.

Governmental entities scheduled to speak include:

OIR agenda items include:

Rules to be Approved for Publication:

Rules to be Approved for Final Adoption:

NAIC

The National Association of Insurance Commissioners (“NAIC”) will hold a Catastrophe Modeling Subgroup of the Casualty Actuarial Statistical Task Force meeting on Tuesday, September 16 at 11:00 a.m. via teleconference to receive updates on work assignments.

NAIC

The National Association of Insurance Commissioners (“NAIC”) will hold a Casualty Actuarial Statistical Task Force meeting on Tuesday, September 16 at 2:00 p.m. via teleconference to discuss the Guideline for Implementation of Medical Professional Liability Closed Claim Reporting.

Tuesday, September 16 through Wednesday, September 17

Florida Medical Malpractice Joint Underwriters Association

The Florida Medical Malpractice Joint Underwriters Association will hold the following meetings on September 16 and 17 at the Saddlebrook Resort, Tampa Royal Palm East 3 Meeting Room, 5700 Saddlebrook Way, Wesley Chapel, Florida:

  • RFA Selection Committee – September 16 at 2:00 p.m.
  • Claims and Underwriting Committee – September 16 at 4:00 p.m.
  • Board meeting – September 17 at 9:00 a.m.

Division of Emergency Management

The Florida Department of Community Affairs, Division of Emergency Management, has issued a Notice of Meeting/Workshop Hearing announcing the next Hurricane Loss Mitigation Program Advisory Council meeting.

Date: Wednesday, September 17
Time: 9:30 a.m.
Place: Florida Division of Emergency Management, Randall Kelley Training Center, Room 305, 2555 Shumard Oak Boulevard, Tallahassee, Florida.

Board of Employee Leasing Companies

The Florida Department of Business and Professional Regulation, Board of Employee Leasing Companies will hold a meeting on Wednesday, September 17 at 10:00 a.m. via teleconference. The call-in number is: 888.808.6959; conference code: 9226020.

Florida Surplus Lines Service Office

The Florida Surplus Lines Service Office will hold a Board of Governors meeting on Wednesday, September 17 at 2:00 p.m. The meeting will be held at 1441 Maclay Commerce Drive, Suite 200, Tallahassee, Florida.

NAIC

The National Association of Insurance Commissioners (“NAIC”) will hold a Catastrophe Reserve Working Group meeting on Wednesday, September 17 at 3:00 p.m. via teleconference to discuss the catastrophe reserve proposal.

NAIC

The National Association of Insurance Commissioners (“NAIC”) will hold a Suitability of Annuity Sales Working Group meeting on Wednesday, September 17 at 4:00 p.m. via teleconference. To view the complete agenda, click here.

Wednesday, September 17 through Thursday, September 18

FCHLPM

The Florida Commission on Hurricane Loss Projection Methodology (“FCHLPM”) will hold meetings on Wednesday, September 17 and Thursday, September 18 from 9:00 a.m. through 4:00 p.m. via teleconference. The call-in number is: 888.808.6959; conference code: 4765251363.

To view the complete agenda, click here.

Wednesday, September 17 through Friday, September 19

Out of the Storm: Confronting America’s Catastrophic Risk Crisis 2008 Conference

The 2008 Conference OUT OF THE STORM: Confronting America’s Catastrophic Risk Crisis, sponsored by Colodny Fass, the Competitive Enterprise Institute and South Carolina Department of Insurance, will be held from Wednesday, September 17 through Friday, September 19 at the Westin Hilton Head in Hilton Head, South Carolina.

Invited speakers include:

  • Kevin McCarty, Florida Insurance Commissioner
  • Representative Dennis Ross, Florida
  • Senator Scott Richardson, Director, South Carolina Department of Insurance
  • Debra Ballen, Executive Vice President of Public Policy Management, AIA
  • David Conrad, Senior Water Resources Specialist, National Wildlife Federation
  • Leslie Chapman-Henderson, President & CEO, Federal Alliance for Safe Homes
  • Karen Clark, Karen Clark & Co.
  • David C. Marlett, Director, Brantley Risk & Insurance Center at Appalachian State University
  • Michael Armstrong, International Codes Council
  • Eli Lehrer, Senior Fellow, the Competitive Enterprise Institute

To view the complete agenda, click here.

Thursday, September 18

Developmental Disabilities Compact Workgroup and Consumer Advisory Workgroup Meeting

The Financial Services Commission, Office of Insurance Regulation has issued a Notice of Meeting/Workshop Hearing announcing the first meeting of the Developmental Disabilities Compact Workgroup and the related Consumer Advisory Workgroup.

Pursuant to the “Window of Opportunity Act,” Section 624.916, F.S., the Office of Insurance Regulation was charged with convening a workgroup by August 31, 2008 to develop and execute a compact relating to insurance coverage and access to services for persons with developmental disabilities. To comply with this requirement, the first meeting was scheduled for August 22; however, it was cancelled due to inclement weather.

Date: September 18, 2008
Time: 8:45 a.m. – 12:45 p.m.
Place: 110 Senate Office Building, Tallahassee, FL

Relevant forms, documents and updates will be posted to http://www.floir.com/Autism.aspx.

LOOKING AHEAD

Tuesday, September 23

Florida Office of Insurance Regulation Rule Development Workshop

The Florida Department of Financial Services, Office of Insurance Regulation has issued a Notice of Proposed Rule regarding Rule 69O-170.0144: Public Hurricane Loss Projection Model Fee Schedule. The proposed Rule would establish a fee schedule for access to, and use of, the Public Hurricane Loss Projection Model by residential property insurers.

Date: Tuesday, September 23
Time: 9:30 a.m.
Place: Room 142 of the Larson Building, 200 East Gaines Street, Tallahassee, Florida

Tuesday, September 30

Florida Office of Insurance Regulation Rule Development Workshop

The Florida Department of Financial Services, Office of Insurance Regulation, has issued a Notice of Development of Rulemaking regarding the following Rules:

  • 69O-163.0075: Term and Evidence of Insurance
  • 69O-163.009: Determination of Reasonableness of Benefits in Relation to Premium Charge
  • 69O-163.011: Credit Disability Insurance Rates

Credit Life and Credit Disability Insurance is being amended to address the statutory changes contained in House Bill 343, which the Governor approved on May 28, 2008. The bill removed the $50,000 for credit life, but the 10-year limit contained in Section 627.681, Florida Statutes. Similarly, the bill removed the 10-year limit for credit disability, but did not remove the $50,000 limit contained in Section 627.679, Florida Statutes.

The stipulation that a term of insurance shall not exceed 10 years subject to certain restrictions under the term and evidence of credit life insurance is now gone. The revised Rule effectuates a 10-year cap for credit life insurance uniformly from the date of issue.

Also, the Rule extinguishes the requirement of providing the lesser of 60 monthly payments or the number of monthly payments for the full term of the loan.

Date: Tuesday, September 30
Time: 1:30 p.m.
Place: Room 142 of the Larson Building, 200 East Gaines Street, Tallahassee, Florida

Wednesday, October 1

Florida Office of Insurance Regulation Rule Hearing

The Financial Services Commission, Office of Insurance Regulation (“OIR”) has issued a Notice of Meeting/Workshop Hearing regarding Rule 69O-149.041: Marketing Communication Material and Marketing Guidelines.

This Hearing is for the OIR to receive comments from the public and regulated entities on the Notice of Change published Friday, September 5, 2008 for this Rule. 

Date: October 1, 2008
Time: 9:30 a.m.
Place: Room 116 of the Larson Building, 200 East Gaines Street, Tallahassee, Florida

Thursday, October 2 through Friday, October 3

2008 Fall Surplus Lines Law Group Meeting

The Florida Surplus Lines Law Group will hold its 2008 Fall Meeting, sponsored by the American Association of Managing General Agents, Colodny Fass, and the Florida Surplus Lines Service Office from Thursday, October 2 through Friday, October 3 at the Harbor Beach Marriott Resort and Spa in Fort Lauderdale, Florida.

For registration information, click here.

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