| 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-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. |
Administrative rules under development revised February 26, 2021. All rules under development are listed until filed for adoption.