Annual Insurer Report Card Rulemaking to Resume September 8, 2010
Aug 2, 2010
The Florida Office of Insurance Regulation has scheduled a September 8, 2010 hearing to resume the rulemaking process on the following proposed new rules relating to the adoption of an Annual Report Card for authorized residential property insurers:
69M-236.004 Limitations and exclusions
69M-236.005 Data Sources
The Report Card will be used by the Office of the Florida Insurance Consumer Advocate as required by section 627.0613(4), F.S. According to the law, the Report Card must be prepared on a form, using a letter-grade scale. The proposed Rules set forth the procedure by which insurers would be graded and adopts the form on which the results are presented.
The complete texts of the proposed Rules are attached for review.
As of August 2, no hearing has yet been requested on this matter.
To view the administrative history of these Rules, which began on July 2, 2009, click here.
Should you have any questions or comments, please contact Colodny Fass.