Florida Insurance Calendar: March 9-13, 2015

Mar 6, 2015

 

Following is a listing of Florida insurance-related legislative and regulatory events for the week of March 9-13, 2015.  All times are shown in Eastern Time.

Additional information is available via hyperlink where noted in bold type.

 

FLORIDA INSURANCE LEGISLATIVE EVENTS   

 

Tuesday, March 10

  • 9:00 a.m.–Florida House Insurance and Banking Subcommittee meeting.  To view the agenda, click here.  Agenda includes consideration of the following bills, among others:
    • HB 715 relating to Citizens Property Insurance Corporation
  • 1:30 p.m.–Florida Senate Committee on Banking and Insurance meeting.  To view the agenda, click here.  Agenda includes consideration of the following bills, among others:
    • SB 404 relating to Improvements to Real Property Damaged by Sinkhole Activity
    • SB 836 relating to the Florida Insurance Guaranty Association
    • SB 1094 relating to Peril of Flood
    • SB 916 relating to Commercial Insurer Rate Filing Procedures
    • SB 842 relating to Citizens Property Insurance Corporation Eligibility for Coverage
    • SB 1060 relating to Maximum Reimbursement Allowances
    • SB 1130 relating to Windstorm Premium Discounts
    • SB 830 relating to Regulation of Corporation Not for Profit Self-Insurance Funds

 

 

FLORIDA INSURANCE REGULATORY EVENTS   

 

    Tuesday, March 10

    • 9:00 a.m.–Florida Cabinet meeting.  Agenda includes discussion on process for appointment and annual Cabinet agency leadership review, and development of agency measures for the Florida Office of Insurance Regulation, among other items.  To view the complete agenda, click here.

     

    Wednesday, March 11

    • 9:00 a.m.–Florida Department of Revenue Rule Development Workshop.  Proposed amendments to Rule 12B-8.001, “Insurance Premium Tax; Rate and Computation,” would provide clarification regarding the computation of the installment payment amount required to meet the prior year exception when a taxpayer has made one or more qualifying contributions to eligible nonprofit scholarship-funding organizations.  To view the meeting notice, click here.
    • 10:00 a.m.Florida Department of Financial Services (“DFS”) – Division of Consumer Services (“DCS”) Proposed Rule Hearing.  Proposed repeal of Rule 69J-7.001, “Grants-Medical Condition Exception,” which provides that if an existing and compliant opening protection system of a home is unlikely to be deployed due to the homeowner’s medical limitations, a replacement system more likely to be deployed under the medical limitations shall qualify for a grant from the My Safe Florida Home program.  This Rule is proposed for repeal because the statute implemented does not address grants based on medical limitations.  To view the hearing notice, click here.
    • 11:00 a.m.–DFS – DCS Proposed Rule Hearing.  Tallahassee, Florida.  Proposed repeal of Rule 69J-9.001, “Database of Information Relating to Sinkholes,” which requires insurers to electronically submit data for all sinkhole or catastrophic ground cover collapse claims (confirmed on or after January 1, 2005) to the DCS.  To view the hearing notice, click here.

    Tuesday, March 17

    • Florida Citizens Property Insurance (“Citizens”) Committee meetings.  Maitland, Florida.  
      • 9:00 a.m.–Market Accountablity Advisory Committee.  Teleconference:  (866) 361-7525; conference ID:  7849939192#.  To view the meeting notice, click here.
      • 11:00 a.m.–Audit Committee meeting.  Teleconference:  (866) 361-7525; conference ID:  3877541849#.  To view the meeting notice, click here.
      • 12:30 p.m.–Consumer Services Committee.  Teleconference:  (866) 361-7525; conference ID:  6487811620#.  To view the meeting notice, click here.
      • 2:30 p.m.–Finance and Investment Committee.  Teleconference:  (866) 361-7525; conference ID:  2478401990#.  To view the meeting notice, click here.
      • 4:00 p.m.–Actuarial and Underwriting Committee.  Teleconference:  (866) 361-8575; conference ID:  8632017402#.  To view the meeting notice, click here.

    Wednesday, March 18

    • 9:00 a.m. to 10:30 a.m.–Citizens Board of Governors meeting.  To view the meeting notice, click here.

    Monday, March 23

    • 2:00 p.m.–Florida Self-Insurers Guaranty Association Audit Committee meeting.  Teleconference:  (866) 866-2244; conference code:  7903005.

    Monday, April 13

    • 1:00 p.m.–Florida Surplus Lines Service Office Board of Governors meeting.  Tallahassee, Florida.  To view the meeting notice, click here.

    Thursday, April 23

    • Florida Insurance Guaranty Association (“FIGA”) Finance and Audit Committee meeting. Tallahassee, Florida.  To view the meeting notice, click here.

    Friday, April 24

    • FIGA Board of Directors meeting.  Tallahassee, Florida.  To view the meeting notice, click here.

     

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