October 17, 2012: Florida Office of Insurance Regulation Proposed Rule Hearing

9:30 a.m.–Florida Office of Insurance Regulation Proposed Rule Hearing; Proposed repeal of Rule 69O-148.001, “Funding of Preneed Contracts,” which addresses the sale of life and annuity products by agents to fund preneed funeral contracts. It limits the amount of insurance that may be written to $7,500, which conflicts with the $12,500 limit permitted under s.626.785, F.S.