27624162, 69O-143.0465 - Florida Administrative Rules, Law, Code, Register

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Florida Department of State and Division of Library and Information Services

Notice: 27624162

Notice of Proposed Rule

Department:

DEPARTMENT OF FINANCIAL SERVICES

Division:

OIR – Insurance Regulation

Chapter:

DOMESTIC INSURERS

Overview

RULE:

69O-143.0465

Groupwide Supervision of Internationally Active Insurance Groups

PURPOSE:

The Office of Insurance Regulation is promulgating rule 69O-143.0465, to reinstate the definition of the term “insurance holding company system.” It also replaces the term “group-wide” with the statutory term “groupwide.”

SUMMARY:

The proposed rule reinstates the definition of “insurance holding company system” that was repealed in 2013. This term is used in existing rules including rules 69O-143.046, 69O-143.0465, 69O-143.047, and 69O-143.061, F.A.C. It also replaces the term “group-wide” with the statutory term “groupwide.”

RULEMAKING AUTHORITY:

624.308(1), 628.801(1), 628.804(4), F.S.

LAW:

624.307(1), 628.801, 628.804, F.S.

PRINT PUBLISH DATE:

10/2/2023 Vol. 49/191

COMMENTS:

From 10/2/2023 To 10/23/2023 (21 Days)
The public comment period for this notice has already expired.

REFERENCE MATERIALS:

No reference(s).

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