27624550, 69O-166.031 - Florida Administrative Rules, Law, Code, Register

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Florida Department of State and Division of Library and Information Services

Notice: 27624550

Notice of Proposed Rule

Department:

DEPARTMENT OF FINANCIAL SERVICES

Division:

OIR – Insurance Regulation

Chapter:

PROPERTY AND CASUALTY INSURER PRACTICES

Overview

RULE:

69O-166.031

Mediation of Property Insurance Claims

PURPOSE:

The proposed amendments will implement the changes made to Section 627.7015, F.S., by Section 35 of CS/CS/HB 487 in 2023, which revised the statutes governing alternative dispute resolution procedures, including mediation, for disputed property insurance claims. The amendments remove language from Rule 69O-166.031, F.A.C., that is now obsolete and replaces language regarding fine amounts with a reference to the controlling statute.

SUMMARY:

Rule 69O-166.031, F.A.C., is being amended to remove portions of the rule that became obsolete due to changes made to Section 627.7015, F.S., by Section 35 of CS/CS/HB 487 in 2023, and to replace language regarding fine amounts with a reference to the controlling statute.

RULEMAKING AUTHORITY:

624.308(1), 627.7015(4), FS.

LAW:

624.307(1), 624.418(2)(a), 624.421(1)(a), 624.4211, 626.9541(1)(i), 626.9581(1), 627.7015, FS.

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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