Reminder: FPCA Homeowners Division Meeting Scheduled for Monday, January 3 at 2:30 p.m.

Dec 30, 2010

 

The Florida Property and Casualty Association Homeowners Division will be meeting via teleconference on Monday, January 3, at 2:30 p.m.  The call-in number for Monday’s meeting is 800.369.1285; conference code:  61084#.

The Florida State Board of Administration “(SBA”) has proposed the following Rules relating to the Florida Hurricane Catastrophe Fund (“FHCF”):

  • Rule 19-8.029: Insurer Reporting Requirements – adopts the 2011/2012 Data Call and the 2011/2012 Interim and Proof of Loss Report forms.
  • Rule 19-8.030: Insurer Responsibilities – adopts the 2011/2012 Interim and Proof of Loss Report forms and the 2011/2012 Exposure and Loss Examination Advance Preparation Instructions.

The FPCA has requested a hearing regarding the proposed rules, which will be held on January 25, 2011.  In addition, the FPCA may submit a challenge to the Statement of Estimated Regulatory Costs that was prepared by the SBA for proposed Rule 19-8.029.  This response would need to be submitted to the SBA by January 7, 2011 and will be the topic of discussion for Monday’s meeting.

Copies of the proposed Rules and forms, and section 215.555, F.S. are attached. 

Should you have any questions, please contact Katie Webb (kwebb@cftlaw.com) at Colodny Fass.

 

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