27360128, 69O-201.008 - Florida Administrative Rules, Law, Code, Register

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Florida Department of State and Division of Library and Information Services

Notice: 27360128

Notice of Development of Rulemaking

Department:

DEPARTMENT OF FINANCIAL SERVICES

Division:

OIR – Insurance Regulation

Chapter:

LEGAL EXPENSE INSURANCE CORPORATIONS

Overview

RULE:

69O-201.008	Legal Expense Insurance Corporations (Transferred)
69O-201.012	Annual Statement and Quarterly Statements

PURPOSE:

Rules 69O-201.008, and .012, F.A.C., are being amended to update forms OIR-C1-480, “Application for Certificate of Authority Legal Expense Insurance,” OIR-A3-478, “Legal Expense Insurance Corporation Surety Bond,” OIR-A3-1077, “Application for Renewal of Certificate of Authority Legal Expense Insurance,” OIR-A3-479 “Annual Statement Legal Expense Insurance Corporation,” and OIR-A3-481, “Quarterly Statement.” These changes remove the invoices from these forms which are no longer needed due to changes in payment processing, improve formatting, update instructions, correct typographical errors, and update addresses. 
Form OIR-C1-995, “List of Proposed Sales Representatives,” is being repealed as unnecessary. 
Cross references to Rule 69O-136.100, F.A.C. are being added to show where forms OIR-C1-144, OIR-C1-905, OIR-C1-938, OIR-C1-1423, and OIR-C1-2221 are incorporated by reference. In addition, cross references to Forms OIR-C1-0500, OIR-C1-0501, OIR-C1-502, OIR-C1-0503, OIR-C1-0504, OIR-C1-505, OIR-C1-0506, and OIR-C1-0507, which are new biographical information supplementary forms adopted from NAIC are added.

SUBJECT:

Legal Expense Insurance Corporations.

RULEMAKING AUTHORITY:

624.308(1), 642.021(2), F.S.

LAW:

624.416, 624.404, 624.424, 642.019, 642.021, 642.0301, 642.032, F.S.

PRINT PUBLISH DATE:

7/24/2023 Vol. 49/142

RELATED STATUTES
AND LAWS:

624.308(1), 642.021(2), F.S., 624.416, 624.404, 624.424, 642.019, 642.021, 642.0301, 642.032, F.S.

OVERSIGHT COMMITTEE:

Joint Administrative Procedures Committee
Florida Administrative Law Central Online Network (F.A.L.C.O.N.)

RELATED COURT CASES:

Division of Administrative Hearings

FEDERAL eRULEMAKING
WEB PORTAL:

Regulations.gov

HOW TO LINK TO
THIS NOTICE:

http://flrules.org/gateway/ruleno.asp?id=69O-201.008&PDate=7/24/2023&Section=1

REFERENCE MATERIALS:

No reference(s).

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