27566738, 69O-171.012 - Florida Administrative Rules, Law, Code, Register

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Florida Department of State and Division of Library and Information Services

Notice: 27566738

Notice of Proposed Rule

Department:

DEPARTMENT OF FINANCIAL SERVICES

Division:

OIR – Insurance Regulation

Chapter:

PROPERTY AND CASUALTY INSURER REPORTING REQUIREMENTS

Overview

RULE:

69O-171.012

Claims-Handling Manuals

PURPOSE:

The Office of Insurance Regulation is creating rule 69O-171.012, to implement Section 627.4108, F.S., which was created by Section 19 of Chapter 2023-172, L.O.F. The statute requires that authorized residential insurers annually certify that their claims-handling manuals comply with the requirements of law and that the insurers provide copies of those manuals to the Office upon request accompanied by a certification. The statute requires that forms be created for both of these actions. This rule will create and incorporate OIR B3-495, the “Annual Certification of Claims-Handling Manuals” and OIR B3-496, the “Submission of Requested Claims-Handling Manuals” to meet those requirements.

SUMMARY:

Rule 69O-171.012, implements Section 627.4108, F.S. The statute requires that authorized residential insurers annually certify that their claims-handling manuals comply with the requirements of law and that the insurers provide copies of those manuals to the Office upon request accompanied by a certification. The statute requires that forms be created for both of these actions. This rule creates and incorporates OIR B3-495, the “Annual Certification of Claims-Handling Manuals” and OIR B3-496, the “Submission of Requested Claims-Handling Manuals” to meet those requirements.

RULEMAKING AUTHORITY:

624.308, 627.4108 F.S.

LAW:

627.4108 F.S.

PRINT PUBLISH DATE:

9/19/2023 Vol. 49/182

COMMENTS:

From 9/19/2023 To 10/10/2023 (21 Days)
The public comment period for this notice has already expired.

REFERENCE MATERIALS:

No reference(s).

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