FPCA Members: Florida Office of Insurance Regulation Provides Clarification on Self-Certification Language in Amended Order on Property and Casualty Forms Expedited Review Process
Dec 12, 2012
Florida Property and Casualty Association Members:
In an e-mail issued today, December 12, 2012, the Florida Office of Insurance Regulation (“OIR”) clarified certain language contained in last week’s amended Order providing an expedited review and self-certification process for all property and casualty personal lines forms except workers’ compensation.
Under the expedited process, insurers can submit any property and casualty policy form, policy endorsement, application or other form which would otherwise be subject to the requirements of s. 627.410, F.S., in an informational filing to the OIR 30 days prior to use with a notarized certification. The Order, which is attached, provides that the certification must confirm that the filed forms are “in compliance with all applicable Florida Laws.”
In today’s e-mail, OIR Director of Property and Casualty Product Review Sandra Starnes said that, by “Florida Laws,” the OIR means all applicable Florida Statutes and Rules.
The e-mail is reprinted below.
Should you have any questions or comments, please contact Katie Webb (email@example.com).
Sent: Wednesday, December 12, 2012 4:02 PM
Subject: Order Exempting Specified Forms from the Requirements of Section 627.410, Florida Statutes
On December 3, 2012, the Office of Insurance Regulation issued an order that clarifies Order 126368-12, issued on June 25, 2012. The order allows an insurer to submit any Property and Casualty policy form, policy endorsement, application, or other form, which would otherwise be subject to the requirements of Section 627.410, Florida Statutes, on an informational basis as long as a proper certification that complies with the requirements in the order (see attached) is included in the filing.
There have been several inquiries as to what the Office of Insurance Regulation means by “Florida Laws” as the phrase is used in the required certification language in Order 130176-12. By “Florida Laws”, the Office of Insurance Regulation means all applicable Florida Statutes and Rules.
Please let me know if you have any additional questions.
Sandra Starnes, Director
Florida Office of Insurance Regulation
Property & Casualty Product Review