Florida Cabinet Meeting Report: October 28

During the Florida Cabinet meeting held on Tuesday, October 28, the Financial Services Commission (“FSC”) approved the following Rules presented by the Florida Office of Insurance Regulation for adoption without significant discussion:

• Proposed Rule 69O-170.0144:  Public Hurricane Loss Projection Model Fee Schedule.  This Rule adopts a fee schedule for the Public Hurricane Loss Projection Model
• Proposed Rule 69O-149.041:  Marketing Communication Material and Marketing Guidelines.  This Rule will create an unfair trade practice for health insurers by treating certain sized small groups differently than others in relation to underwriting applications
• Proposed Rule 69O-163.0075:  Credit Life and Credit Disability.  This Rule will implement provisions of House Bill 343, which removed certain limits for credit life and credit disability products

To view the complete meeting agenda, click here.

The next Cabinet meeting is scheduled for November 20, 2008.

Should you have any questions or comments, please do not hesitate to contact Colodny Fass.

To unsubscribe from this newsletter, please send an e-mail to ccochran@cftlaw.com