Rule Hearings and Workshops
Listed below are the Administrative Rules currently under development.
| Rule Number/Title | Summary of Rule | Notice | Workshop/Hearing |
69OER24-2 Form OIR-B1-596
| Section 627.5108(2), F.S., requires that insurers list the deductions provided for in this statute on the declarations page of certain policies with an effective date between October 1, 2024, and September 30, 2025. Section 627.5108(8), F.S., requires each insurer to file specified information to the Office regarding these deductions on a quarterly basis. The emergency rule specifies now these deduction are to be listed on the declarations page, the format of the required reports, and provides guidance regarding the application of these deductions. | This rule takes effect upon being filed with the Department of State unless a later time and date is specified in the rule. The effective date for 69OER24-2 is 08/21/2024.
|
| Rule Number/Title | Summary of Rule | Notice | Workshop/Hearing |
69O-137.009 69O-137.011 | Rule 69O-137.009, F.A.C., and Form OIR-D0-1185 are being amended to implement changes to Section 624.424(10) F.S. Those changes require that data collected from personal and commercial residential property insurance companies will be reported by zip code, not county, and those reports will be submitted on a monthly, rather than quarterly, basis. The changes to Form OIR-D0-1185 will allow insurers to submit that data as required beginning with the January 2025 data which is due on February 15, 2025. Rule 69O-137.011 is amended to update Form OIR-D0-1433 to conform with current law and industry practice, and update the laws implemented. | Notice of Change | If requested in writing and not deemed unnecessary by the agency head, a rule development workshop will be held at the date, time, and place shown below: Thursday, May 30, 2024 To join by phone, call 850-328-4354 and enter conference ID 767-797-004. The effective date for 69O-137.011 is 09/26/2024. |
| Rule Number/Title | Summary of Rule | Notice | Workshop/Hearing |
69O-170.0135
69O-170.0165 | To enact the changes to Section 627.062(2)(j)2., F.S., made during the 2024 session, Rule 69O-170.0135 is being amended to require that, if the insurer is using an averaged hurricane model, a statement be included stating that the same average is being used statewide and to indicate if the model is a weighted averaged. If a weighted averaged model is being used, the actuarial memorandum must also include an actuarial justification showing the averaged model results in a rate that is reasonable, adequate, and fair. | If requested in writing and not deemed unnecessary by the agency head, a rule development workshop will be held at the date, time, and place shown below: Thursday, May 30, 2024 To join by phone, call 850-328-4354 and enter conference ID 767-797-004.
The effective date for 69O-170.0165 is 09/26/2024. |
| Rule Number/Title | Summary of Rule | Notice | Workshop/Hearing |
| 69O-189.003 Workers' Compensation: Application and Audit Procedures | The Office of Insurance Regulation is updating Rule 69O-189.003 to implement changes to section 440.381, F.S. and update references to incorporated materials protected by federal copyright. |
| If requested in writing and not deemed unnecessary by the agency head, a rule development workshop will be held at the date, time and place shown below: Thursday, May 30, 2024 To join by phone, call 850-328-4354 and enter conference ID 805-475-424. |
| Rule Number/Title | Summary of Rule | Notice | Workshop/Hearing |
| 69O-191.094 Change of Name | Rule 69O-191.094, F.A.C., is amended to update the process by which HMOs may change their legal names and register fictitious names. This Rule prevents HMOs from using names to transact insurance before the Office is notified. | Notice of Development of Rulemaking | If requested in writing and not deemed unnecessary by the agency head, a rule development workshop will be held at the date, time, and place shown below: Thursday, May 30, 2024 To join by phone, call 850-328-4354 and enter conference ID 805-475-424. |
| Rule Number/Title | Summary of Rule | Notice | Workshop/Hearing |
| 69O-199.005 Financial Requirements Regarding the Funded, Unearned Premium Reserve Account | Chapter 2024-140, L.O.F., amended section 634.3077, F.S., and created an exception for home warranty associations. If they adhere to strict requirements, they do not have to meet certain financial responsibility requirements, including establish an unearned premium reserve. Rule 69O-199.005, F.A.C., is amended to adopt Form OIR-A3-1000 “Home Warranty Association Exception,” which will collect the relevant information from home warranty associations so the Office can appropriately apply the exception. | Notice of Development of Rulemaking | If requested in writing and not deemed unnecessary by the agency head, a rule development workshop will be held at the date, time, and place shown below: Thursday, May 30, 2024 To join by phone, call 850-328-4354 and enter conference ID 767-797-004. The effective date for 69O-199.005 is 09/26/2024. |
| Rule Number/Title | Summary of Rule | Notice | Workshop/Hearing |
| 69O-207.001 Late Filed Reports - Fine Schedule | Rule 69O-207.001, F.A.C., is amended to update citations to updated statutes. These changes also allow for the Office to assess greater fines for violations of failing to file an annual report. | Notice of Development of Rulemaking | If requested in writing and not deemed unnecessary by the agency head, a rule development workshop will be held at the date, time, and place shown below: Thursday, May 30, 2024 To join by phone, call 850-328-4354 and enter conference ID 805-475-424. The effective date for 69O-207.001 is 09/26/2024. |