Rule Hearings/Workshops

Rule Number/Title	Summary of Rule	Notice	Workshop/Hearing Information
69O-137.008 Filing of Statistical and Quarterly Reports for Individually Rated Risks and Excess Rates Draft Rule	OIR is updating the delivery method of the data in Form OIR-B1-588 from a hard copy form to being delivered in the OIR’s IRFS system.	Notice Publish Date: 9/28/2020	No workshop was requested. No hearing was requested.
69O-142.015 Standardized Requirements Applicable to Insurers After Hurricanes or Natural Disasters Draft Rule	Subsection (1) is amended to change the manner in which insurers report certain information to OIR as a consequence of a hurricane or other natural disaster. Subsection (2) is amended to correct a typographical error that occurred when the rule was amended in 2017 and to cover only property and casualty insurance contracts. Subsection (3) is created to cover life and health insurance contracts.	Notice Publish Date: 9/28/2020	No workshop was requested. Hearing was requested. Hearing date will be published when finalized.
69O-143.0465 Group-wide Supervision of Internationally Active Insurance Groups Draft Rule 69O-143.0466 Contents of Corporate Governance Annual Disclosure Draft Rule	Rule 69O-143.0465 is created to implement the NAIC Holding Company System Regulatory Act #440. Rule 69O-143.0466 is created to implement the NAIC Corporate Governance Annual Disclosure Model Act #305 and the NAIC Corporate Governance Annual Disclosure Model Regulation #306.	Notice Publish Date: 9/28/2020	No workshop was requested. No hearing was requested.
69O-149.006 Actuarial Memorandum Draft Rule	An insurer may increase the target loss ratio for an individual or group policy form if it can justify the proposed change. An insurer may reduce the target loss ratio of an individual or group policy form upon demonstration and justification of an increase in administrative costs, but the reduction must comply with maximum amounts stated in the rule.	Notice Publish Date: 9/28/2020	A workshop was held on May 14, 2020 at 10:00 a.m. No hearing was requested.
69O-171.010 Insurer Assignment Agreement Reporting – Calendar Year Experience Draft Rule Form OIR-B1-2221	Chapter 2019-57, Laws of Florida, created section 627.7152, F.S., which requires the Financial Services Commission to file a description of the program on a form and requires insurers to submit certain information to the Office. Rule 69O-171.010, F.A.C., is created to implement section 627.7152, F.S. Form OIR-B1-2221 is incorporated by reference and contains information insurers must report to the Office pursuant to the statute.	Notice Publish Date: 9/28/2020	A request for a workshop was withdrawn. No hearing was requested.
69O-191.055 Actuarial Memorandum and Definitions Draft Rule	A Health Maintenance Organization (HMO) may increase the target loss ratio for an individual or group policy form if it can justify the proposed change. An HMO may reduce the target loss ratio of an individual or group policy form upon demonstration and justification of an increase in administrative costs, but the reduction must comply with maximum amounts stated in the rule.	Notice Publish Date: 9/28/2020	No workshop was requested. No hearing was requested.
69O-199.001 Purpose and Scope 69O-199.005 Financial Requirements Regarding the Funded, Unearned Premium Reserve Account 69O-199.008 General Eligibility Requirements 69O-199.010 License Renewal 69O-199.012 Annual Statement 69O-199.015 Forms Incorporated by Reference Draft Rule Forms	69O-199.001, 69O-199.010, and 69O-199.015 are repealed. Rule 69O-199.005, F.A.C., is amended to update the financial requirements. 69O-199.008 is amended to combine all application requirements in a single rule. 69O-199.012 is amended to update the annual statement requirements.	Notice Publish Date: 9/29/2020	If requested in writing and not deemed unnecessary by the agency head, a rule development workshop will be noticed in the next available Florida Administrative Register.
69O-142.015 Standardized Requirements Applicable to Insurers After Hurricanes or Natural Disasters Draft Rule	Subsection (1) is amended to change the manner in which insurers report certain information to OIR as a consequence of a hurricane or other natural disaster. Subsection (2) is amended to correct a typographical error that occurred when the rule was amended in 2017 and to cover only property and casualty insurance contracts. Subsection (3) is created to cover life and health insurance contracts.	Notice Publish Date: 11/4/2020	No workshop was requested. A hearing will be held on Thursday, November 12, 2020, at 10:00 a.m. The hearing will be held via a teleconference. To join by telephone, call (850)413-1558 and enter conference ID# 3243483.
69O-198.001 Purpose 69O-198.002 Scope 69O-198.005 Financial Requirements 69O-198.010 License Continuance 69O-198.011 Application for and Issuance of License 69O-198.012 Annual Statement 69O-198.013 Change in Corporate or Business Name 69O-198.015 Forms Incorporated by Reference Draft Rule	69O-198.001, 69O-198.002, 69O-198.010, and 69O-198.015 are repealed. Rule 69O-198.005, F.A.C., is amended to update the financial requirements. 69O-198.011 is amended to combine all application requirements in a single rule. 69O-198.012 is amended to update the annual statement requirements. 69O-198.013 is created since this notification requirement will be removed from 69O-198.011.	Notice Publish Date: 11/5/2020	If requested in writing and not deemed unnecessary by the agency head, a rule development workshop will be noticed in the next available Florida Administrative Register.
69O-196.001 Standard Cancellation Notice 69O-196.005 Filing Surety Bond in Lieu of Net Worth 69O-196.007 Annual Reports 69O-196.009 Other Reports and Corrective Action Plans 69O-196.015 Forms Incorporated by Reference 69O-196.020 Premium Financing of Products Not Regulated by the Insurance Code and Related Unfair Trade Practices Prohibited 69O-196.021 Disclosure Requirements for Insurance Coverages Financed With Personal Injury Protection 69O-196.023 Insurance Agent Penalties 69O-196.025 Statement of Account; Receipts 69O-196.035 Required Books and Records Draft Rule	69O-196.001 is amended to change grammar and add rulemaking authority. 69O-196.005 is amended to update the Office’s website information. 69O-196.007 is amended to update the annual reports requirements. 69O-196.009 is amended to change “certificate of authority” to “license” and add rulemaking authority. 69O-196.015 is amended to include all applications for premium finance companies in one rule. 69O-196.020 is amended to make references to the Florida Insurance Code consistent. 69O-196.021 is amended to incorporate the financing disclosure form. 69O-196.035 is amended to create a new subsection. 69O-196.023 and 69O-196.025 are repealed	Notice Publish Date: 11/5/2020	If requested in writing and not deemed unnecessary by the agency head, a rule development workshop will be noticed in the next available Florida Administrative Register.
69O-201.001 Purpose and Scope 69O-201.005 Financial Requirements Regarding the Unearned Premium Reserve Liability Account and the Deposit or Bond 69O-201.008 General Eligibility Requirements 69O-201.010 License Continuance 69O-201.012 Annual Statement and Quarterly Reports 69O-201.015 Forms Incorporated by Reference	69O-201.001, 69O-201.010, and 69O-201.015 are repealed. Rule 69O-201.005, F.A.C., is amended to update the financial requirements. 69O-201.008 is amended to combine all application requirements in a single rule. 69O-201.012 is amended to update the annual statement requirements.	Notice Publish Date: 11/5/2020	If requested in writing and not deemed unnecessary by the agency head, a rule development workshop will be noticed in the next available Florida Administrative Register.

Administrative rules under development revised November 5, 2020. All rules under development are listed until filed for adoption.