16943589, 69O-143.046 - Florida Administrative Rules, Law, Code, Register

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Florida Department of State and Division of Library and Information Services

Notice: 16943589

Notice of Proposed Rule

Department:

DEPARTMENT OF FINANCIAL SERVICES

Division:

OIR – Insurance Regulation

Chapter:

DOMESTIC INSURERS

Overview

RULE:

69O-143.046	Registration of Insurers
69O-143.047	Standards
69O-143.056	Acquisition of Controlling Stock (Transferred)

PURPOSE:

The purpose of this rule is to implement recent statutory requirements, update and clarify the rules and to adopt and incorporate forms by reference used in connection with holding companies, acquisitions and transactions between affiliates.

SUMMARY:

The revisions improve the Office’s ability to regulate and monitor the financial solvency of insurance holding companies.

RULEMAKING AUTHORITY:

624.308, 628.461(13), FS.

LAW:

624.307(1), 624.317, 624.321, 624.34, 624.404, 624.413, 624.424(6), 624.501, 625.5091, 628.051, 628.061, 628.251, 628.461, 628.801, 628.371, 628.381, 628.803, FS.

PRINT PUBLISH DATE:

12/29/2015 Vol. 41/249

COMMENTS:

From 12/29/2015 To 1/19/2016 (21 Days)
The public comment period for this notice has already expired.

REFERENCE MATERIALS:

No reference(s).

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