Florida Insurance Calendar: October 5-9, 2015

Oct 2, 2015

Following is a listing of Florida insurance-related regulatory events for the week of October 5, 2015. All times are shown in Eastern Time.

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

FLORIDA INSURANCE LEGISLATIVE EVENTS

2015-2016 Interim Committee Meetings

FLORIDA INSURANCE REGULATORY EVENTS

Tuesday, October 6

9:00 a.m.–Florida Department of Revenue Rule Development Workshop. Tallahassee, Florida. Proposed amendments to Rule 12B-8.003 would adopt, by reference, five forms used in the administration of the insurance premium taxes, fees, and surcharges. To view the meeting notice, click here.

Thursday, October 8

9:00 a.m.–Florida Commission on Hurricane Loss Projection Methodology Flood Standards Development Committee meeting. Tallahassee, Florida. Teleconference: (888) 670-3525; conference code: 7135858151. Agenda includes discussion of working draft flood standards definitions and process for on-site visits for feedback on the “Discussion Flood Standards.” To view the meeting notice, click here.

LOOKING AHEAD

Monday, October 12

1:00 p.m.–Florida Division of Insurance Agents and Agency Services Rule Development Workshop. Tallahassee, Florida. Proposed amendments would update the continuing education rules in Chapter 69B-228, pertaining to requirements and standards for all continuing education courses, providers of continuing education courses, school officials, instructors, supervising instructors, and licensees under Chapters 626 and 648, F.S. Rules 69B-228.110, .120, .130, .190, and .240 are proposed for repeal. To view the proposed Rule Chapter, click here. To view the meeting notice, click here.

Tuesday, October 20

2:00 p.m.–Florida Surplus Lines Service Office (“FSLSO”) Budget Committee meeting. Tallahassee, Florida. Agenda includes review of FSLSO proposed 2016 budget. To view the meeting notice, click here.

Wednesday, October 21

9:00 a.m.–FSLSO Quarterly Board of Governors meeting. Tallahassee, Florida. To view the meeting notice, click here.
9:00 a.m.–Florida Office of Insurance Regulation Public Rate Hearing: National Council on Compensation Insurance (“NCCI”). Tallahassee, Florida. The NCCI has requested an overall average decrease in rate levels of 1.9% for the voluntary market for all new and renewal workers’ compensation insurance policies written in the State of Florida, effective January 1, 2016. The filing also includes a decrease to the expense constant from $200 to $160 which, when combined with the rate level decrease, would result in an overall average premium decrease of 2.2%. To view the hearing notice, click here.

Thursday, October 22

10:00 a.m.–Florida Division of Consumer Services Rule Development Workshop. Tallahassee, Florida. Proposed amendments to Rules 69J-8.008, “Selection of Neutral Evaluator,” and 69J-8.009, “Evaluation Process,” would increase the period of time that an insurer has to contact an insured after notice of a request to have a neutral evaluation of a sinkhole claim from three days to five, as well as clarify that failure to comply with the five-day requirement does not invalidate a party’s right to neutral evaluation or to disqualify proposed evaluators without cause. To view the meeting notice, click here.

Thursday, November 12

10:00 a.m.–Florida Workers’ Compensation Joint Underwriting Association (“FWCJUA”) Audit Committee meeting. To view the meeting notice, click here.

Thursday, November 19

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

Wednesday, December 9

9:00 a.m. to 12:00 p.m.–Florida Citizens Property Insurance Board of Governors meeting. To view the meeting notice, click here.
10:00 a.m.–FWCJUA Board of Governors meeting. To view the meeting notice, click here.

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