Florida Office of Insurance Regulation Rule Hearing re Insurance Administrator Annual Report and Licensure Application 04/05/2006

Jan 5, 2007

Today the Office of Insurance Regulation (OIR) held a hearing regarding Rule 690-136.019 relating to the Insurance Administrator Annual Report and Licensure Application. The proposed rule adopts forms that Insurance Administrators must submit to OIR to apply to do business in Florida and to submit financial information. The forms reflect new 2005 legislation, which in part requires Insurance Administrators to submit audited financial statements.

The hearing was held in order for affected persons to present evidence and argument on all issues under consideration pertaining to the proposed rule.

No public comments regarding the rule were taken. OIR has not indicated when there will be a final decision on the adoption of the proposed rule.

Should you have any questions or concerns, please do not hesitate to contact this office.