Rule Hearings and Workshops
Listed below are the Administrative Rules currently under development.
| Rule Number/Title | Summary of Rule | Notice | Workshop/Hearing |
69O-136.006 69O-136.040 69O-136.041 69O-136.042 69O-136.043 69O-136.044 69O-136.045 69O-136.046 69O-136.047 69O-136.050 69O-136.051 69O-136.052 69O-136.053 69O-136.054 69O-136.070 69O-136.075 69O-136.080 69O-136.090 69O-136.100 | Rule 69O-136.006 is amended and Rules 69O-136.070 and 69O-136.075 are created to implement Chapter 2024-182, L.O.F., regarding changes to Chapter 629 regulating reciprocal insurers. The changes also incorporate all forms in Chapter 69O-136, F.A.C., into Rule 69O-136.100, F.A.C., and update the lists of forms required to be submitted with each application. | 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 192-596-812. |
| Rule Number/Title | Summary of Rule | Notice | Workshop/Hearing |
69O-137.002 69O-137.009 69O-137.011 69O-137.015 | Section 624.424(8)(d), F.S., was amended to require that CPAs preparing annual reports for insurance companies must have four hours of insurance related continuing education every 2 years. This amends Rule 69O-137.002 to add that continuing education requirement to the qualifications for a CPA preparing the annual report. 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. Creates Rule 69O-137.015 and Form OIR-A1-1680 to provide a standard format for data being provided by insurers who are planning to nonrenew 10,000 or more residential property insurance policies within a 12-month period. This report is required by section 624.4305, F.S. | 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. |
| Rule Number/Title | Summary of Rule | Notice | Workshop/Hearing |
| 69O-170.0135 Actuarial Memorandum | 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. |
| 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. |
| 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. |