Florida Insurance Calendar: April 25 – 29

Apr 22, 2011

 

Following is a listing of insurance-related Florida legislative and regulatory events for the week of April 25-29, 2011:

All times are Eastern Time (“ET”).  Additional information is available via hyperlink where noted in bold type.

 

FLORIDA INSURANCE LEGISLATIVE EVENTS

 

2011 Florida Regular Legislative Session:  Week 8 (April 25-29) 

 

Monday, April 25

  • Senate Committee on Judiciary; 9:45 a.m.
    • CS/SB 1930 relating to Motor Vehicle Personal Injury Protection Insurance by the Senate Committee on Banking and Insurance; Senator Ellyn Bogdanoff
    • CS/SB 1694 relating to Motor Vehicle Personal Injury Protection Insurance by the Senate Committee on Banking and Insurance; Senator Garrett Richter
  • Senate Committee on Budget; 1:15 p.m.  The Committee is also scheduled to meet Tuesday, April 26 at 9:45 a.m.
    • CS/CS/SB 1816 relating to Surplus Lines by the Senate Budget Subcommittee on Finance and Tax; Senate Committee on Banking and Insurance; Senator Mike Fasano
    • CS/CS/SB 178 relating to Commercial Insurance Rates by the Senate Committees on Commerce and Tourism, Banking and Insurance; Senator Steve Oelrich
    • SB 1330 relating to Residential Property Insurance by Senator Alan Hays
    • CS/SB 1714 relating to Citizens Property Insurance Corporation by the Senate Committee on Banking and Insurance; Senator Alan Hays
    • CS/SB 1590 relating to Medical Malpractice Actions by the Senate Committee on Banking and Insurance; Senator Alan Hays

Tuesday, April 26

  • House Session; 11:00 a.m.
    • HB 617 relating to Discriminatory Taxes/Reinsurance by State Representative Jeff Brandes
    • SB 484 relating to Discriminatory Taxes/Reinsurance by Senator Alan Hays
  • Senate Committee on Rules; 1:00 p.m.
    • CS/SB 1252 relating to Persons Designated to Receive Insurer Notification by Senate Committee on Budget; Senator Chris Smith
    • CS/CS/SB 1568 relating to Insurer Insolvency by the Senate Committee on Budget; Senate Committee on Banking and Insurance; Senator Bill Montford
    • CS/SB 1930 relating to Motor Vehicle Personal Injury Protection Insurance by the Senate Committee on Banking and Insurance; Senator Ellyn Bogdanoff
    • CS/SB 1714 relating to Citizens Property Insurance Corporation by the Senate Committee on Banking and Insurance; Senator Alan Hays

 

 

FLORIDA INSURANCE REGULATORY EVENTS

 

Thursday, April 28

  • Florida Division of Emergency Management Hurricane Loss Mitigation Program Advisory Council meeting; 9:00 a.m.  To view the meeting notice, click here.

LOOKING AHEAD

 

Tuesday, May 3

  • Florida Cabinet meeting; 9:00 a.m.
    • Florida Department of Revenue; To view the meeting notice, click here.
      • Approval of proposed amendments to the following Rules:
        • 12-29.001:  Scope
        • 12-29.002:  Florida Tax Credit Scholarship Program, Participation, Allocation, Carryforward, Rescindment
        • 12-29.003:  Florida Tax Credit Scholarship Program, Application
    • State Board of Administration
      • Authorize the Florida Hurricane Catastrophe Fund to file a Notice of Proposed Rulemaking for Rule 19-8.028, “Reimbursement Premium Formula,” and to authorize filing this rule for adoption if no member of the public requests a rule hearing. Also, authorization will be sought to repeal obsolete FHCF Rules 19-8.015, 19-8.016, 19-8.017, 19-8.018, 19-8.019, 19-8.020, 19-8.021, 19-8.022, 19-8.023, 19-8.024, 19-8.025, 19-8.026, 19-8.027.

Thursday, May 5

  • FWCJUA Audit Committee meeting; 10:00 a.m.  To view the meeting notice, click here.  To view the agenda, click here.

Friday, May 6

  • Florida Hurricane Catastrophe Fund (“FHCF”) Rule Development Workshop; 9:00 a.m.  Proposed amendments to Rule 19-8.029, “Insurer Reporting Requirements,” and Rule 19-8.030, “Insurer Responsibilities” for the 2011/2012 FHCF Contract Year.  To view the hearing notice, click here.

Tuesday, May 10

  • Citizens Property Insurance Corporation (“Citizens”) Audit Committee meeting; 11:00 a.m.  Teleconference:  877-865-3965.  To view the meeting notice, click here.
  • Florida Department of Financial Services Division of Agents and Agency Services Rule Development Workshop; 2:00 p.m.  Proposed repeal of subsection (5)(d) of Rule 69B-220.201, relating to public insurance adjuster ethical requirements, because it is superseded by the enactment of Section 626.854(11), F.S.

Wednesday, May 11

  • Citizens Finance and Investment Committee meeting; 1:00 p.m.  Teleconference:  877-866-3074.  To view the meeting notice, click here.
  • Citizens Board of Governors meeting; 2:00 p.m.  Teleconference:  877-865-3522.  To view the meeting notice, click here.

Thursday, May 12

  • Florida Office of Insurance Regulation (“OIR”) Public Rate Hearing:  Fidelity National Property and Casualty Insurance Company.  To view the meeting notice, click here.  To view the agenda, click here

Sunday, May 15

  • Florida Governor’s 2011 Hurricane Conference; May 15-20.  For additional information, click here.

Tuesday, May 17

  • Florida Cabinet; 9:00 a.m.
    • OIR
      • For publication:
        • Proposed Rule 69O-138.047:  Description of Actuarial Memorandum Including an Asset Adequacy Analysis and Regulatory Asset Adequacy Issues Summary
        • Proposed Rule 69O-162.203:  Adoption of 2001 Commissioners Standard Ordinary (CSO) Preferred Mortality Tables for Determining Reserve Liabilities for Ordinary Life Insurance
        • Proposed Rule 69O-164.020:  Valuation of Life Insurance Policies

Wednesday, May 18

  • Florida Board of Employee Leasing Companies Board Meeting.  Additional information is forthcoming.

Friday, May 20

  • FWCJUA Investment Committee meeting; 10:00 a.m.  To view the meeting notice, click here.  To view the agenda, click here.

Tuesday, May 24

  • Florida Hurricane Catastrophe Fund 2011 Participating Insurers Workshop; May 24-25.  To access registration information, click here.

Friday, May 27

  • FWCJUA Joint and Concurrent Operations and Rates and Forms Committee meeting; 10:00 a.m.  To view the meeting notice, click here.

Tuesday, June 7

  • FWCJUA Board of Governors meeting; 10:00 a.m. To view the meeting notice, click here.

Tuesday, June 14

  • OIR Proposed Rule Hearing; 9:30 a.m.  To view the Hearing notice, click here.
    • 69O-137.001:  Annual and Quarterly Reporting Requirements
    • 69O-138.001:  NAIC Financial Examiners Handbook Adopted

Wednesday, June 15

  • Florida Self-Insurers Guaranty Association Board of Directors meeting; 2:30 p.m.

 

Should you have any questions or comments, please contact Colodny Fass.

 

 

To unsubscribe from this newsletter, please send an email to bellis@cftlaw.com.