Regulatory Update: Week of Oct. 15

Below are notices of upcoming meetings and regulatory hearings. 

Representatives of this office will be in attendance at each and provide a report on the procedings.

Should you have any questions or comments, please do not hesitate to contact this office.

 

Oct. 16-19

14th Annual Conference of the International Association of Insurance Supervisors (“IAIS”)
October 16-19, 2007 in Ft. Lauderdale, Florida

 

Oct. 18

Hearing  9:30 a.m.  116 Larson
69O-149.003, .005, .007 Rate Filing Procedures
These Rules provide guidelines for insurers so they can be assured the rates they charge are reasonable in relation to benefits. The first amendment relates to pooling of insurance relating to cancer. The second amendment prohibits an insurer from knowingly pricing an individual rate to be charged to an insured to be excessive. The third amendment tightens up the requirements for rate certifications, to make sure that when an insurer annually states its rates meet Florida law, that statement is true.

 

Oct. 22

Florida Automobile Joint Underwriting Association – ad hoc Vendor Review and Selection Committee Teleconference
3:00 pm
Teleconference: Dial in (877) 526-3010 Meeting Number *6812003*

 

Oct. 25

Citizens Property Insurance Corporation – Board of Governors Meeting
9:00 am – 12:00 pm
Citizens Cypress Center
8301 Cypress Plaza Drive
Jacksonville, FL
Teleconference: (800)245-3047

 

Nov. 2

Florida Health Insurance Advisory Board – 2008 Legislative Recommendations
10:00 am – 4:00 pm
University of Central Florida  Student Union Building Key West CD Room  52 Pegasus Circle  Orlando, FL

 

Nov. 5-7

2007 National Association of Insurance Commissioners Financial Summit (“NAIC”)
November 5-7, 2007 in Atlanta, Georgia

 

Nov. 5

The Florida AGENCY FOR HEALTH CARE ADMINISTRATION, Medicaid Division has issued a Notice of Proposed Rule for Rule No: Rule Title
59G-14.001: Definitions
59G-14.002: Confidentiality
59G-14.003: Federal Compliance
59G-14.004: Florida KidCare Dispute Review Process
59G-14.005: Florida KidCare Grievance Committee
59G-14.006: Florida KidCare Grievance Procedures
59G-14.007: Health Care Services Complaints and Disputes
PURPOSE AND EFFECT: Section 409.818(3)(e), F.S. directs the Agency for Health Care Administration (AHCA) to establish a mechanism for investigating and resolving complaints and grievances for the Florida KidCare Program. The purpose of the Proposed Rule is to establish the AHCA’s Florida KidCare grievance process in rule. In the Notice of Rule Development, the title of the Rule Chapter 59G-14, F.A.C., was Florida KidCare; and we published preliminary text for two rules: 59G-14.001, Definitions, and 59G-14.002, Florida KidCare Grievance Process. We renamed the Rule chapter 59G-14, Florida KidCare Grievance Process, and divided the Florida KidCare Grievance Process into six separate rules: 59G-14.002 through 59G-14.007.
In the Notice of Rule Development, the title of the Rule chapter 59G-14 was Florida KidCare; and we published preliminary text for two Rules: 59G-14.001, Definitions, and 59G-14.002, Florida KidCare Grievance Process. We renamed the Rule chapter 59G-14, Florida KidCare Grievance Process, and divided the Florida KidCare Grievance Process into six separate rules: 59G-14.002 through 59G-14.007.
SUMMARY: The purpose of the Proposed Rule is to establish the AHCA’s Florida KidCare grievance process in Rule. The effect will be to incorporate AHCA’s Florida KidCare grievance process in Rule.

If requested within 21 days of the date of this notice, a hearing will be held at the date, time and place shown below(if not requested, this hearing will not be held):
DATE AND TIME: Monday, November 5, 2007, 2:00 p.m.
PLACE: Agency for Health Care Administration, 2727 Mahan Drive, Building 3, Conference Room B, Tallahassee, Florida

 

Nov. 5

Florida Commission on Hurricane Loss Projection Methodology
1:00 pm – 3:00 pm
Teleconference:  (888) 808-6959
Conference Code:  4765251363

 

Nov. 6

The Florida DEPARTMENT OF FINANCIAL SERVICES, Office of Insurance Regulation has issued a Notice of Proposed Rule for Rule No: Rule Title
69O-138.001: NAIC Financial Condition Examiners Handbook Adopted
PURPOSE AND EFFECT: To adopt the 2007 NAIC Financial Condition Examiners Handbook as permitted by Section 624.316, Florida Statutes.
SUMMARY: Update NAIC Handbook.
If requested within 21 days of the date of this notice, a hearing will be held at the date,time and place shown below(if not requested, this hearing will not be held):
DATE AND TIME: November 6, 2007, 9:30 a.m.
PLACE: Room 142, Larson Building, 200 East Gaines Street, Tallahassee, Florida

 

Nov. 6

Hearing  9:30 a.m. 142 Larson
69O-137.001  Annual and Quarterly Reporting Requirements
To adopt the 2007 NAIC Quarterly and Annual Statement Instructions and NAIC’s Accounting Practices and Procedures Manual, as permitted by Section 624.424, F.S.

 

Nov. 7

Hearing  1:30 p.m  142 Larson
69O-143.041, .042  Insurer Conduct
To allow insurers to utilize modern systems for holding and transferring securities without physical delivery of securities certificates.

 

Nov. 7

The Florida DEPARTMENT OF FINANCIAL SERVICES, Office of Insurance Regulation has issued a Notice of Proposed Rule for Rule No: Rule Title
69O-143.041: Definitions
69O-143.042: Custody Agreement; Requirements
PURPOSE AND EFFECT: To allow insurers to utilize modern systems for holding and transferring securities without physical delivery of securities certificates.
SUMMARY: To allow insurers to utilize modern systems for holding and transferring securities without physical delivery of securities certificates.
If requested within 21 days of the date of this notice, a hearing will be held at the date, time and place shown below (if not requested, this hearing will not be held):
DATE AND TIME: November 7, 2007, 1:30 p.m.
PLACE: Room 142, Larson Building, 200 East Gaines Street, Tallahassee, Florida

 

Nov. 8

The Florida DEPARTMENT OF FINANCIAL SERVICES Office of Insurance Regulation has issued a Notice of Proposed Rule for Rule No: Rule Title  69O-186.017: Certificate of Mortgage Release
PURPOSE AND EFFECT: Rule 69O-186.017, F.A.C., is being repealed as the authorizing statue was repealed.
SUMMARY: Rule 69O-186.017, F.A.C., is being repealed as the authorizing statue was repealed.
If requested within 21 days of the date of this notice, a hearing will be held at the date, time and place shown below(if not requested, this hearing will not be held):
DATE AND TIME: November 8, 2007, 9:30 a.m.
PLACE: Room 143, Larson Building, 200 East Gaines Street, Tallahassee, Florida

 

Nov. 9

Florida Health Insurance Advisory Board – 2008 Legislative Recommendations  (Tentative – in the event November 2, 2007 meeting is not complete.)
9:30 am – 12:00 pm
Teleconference: Number to be release at later date.

 

Nov. 15

Citizens Property Insurance Corporation – Actuarial and Underwriting Committee Meeting
9:00 am – 11:00 am
Teleconference: (800)225-9448

 

Nov. 16

Citizens Property Insurance Corporation – Task Force on Claims Handling and Resolution
9:00 am – 11:00 am   House Office Building, Room 404  402 S. Monroe Street  Tallahassee, FL

 

Nov. 30

Florida Self-Insurers Guaranty Association (“FSIGA”)
November 30, 2007 at 12 noon in Tallahassee, Florida

 

Dec. 6

Citizens Property Insurance Corporation – Board of Governors Meeting
9:00 am – 12:00 pm

 

Dec. 18

The Florida DEPARTMENT OF FINANCIAL SERVICES, Office of Insurance Regulation has issued a Notice of Proposed Rule for Rule No: Rule Title  69O-149.002: Scope and Applicability
The Financial Services Commission announces a public hearing to which all persons are invited.
DATE AND TIME: Dec. 18, 2007, 9:00 a.m. during a regular meeting of the Financial Services Commission.
PLACE: Cabinet Meeting Room, Lower Level, The Capitol, Tallahassee, Florida
SUBJECT MATTER TO BE CONSIDERED: This is the Final Public Hearing on the adoption of proposed amendments to Rule 69O-149.002, Florida Administrative Code, published on March 16, 2007 in Vol. 33, No. 11, of the F.A.W. No notice of change was published.