4410898, 69O-162.203 - Florida Administrative Rules, Law, Code, Register

Home

Florida Department of State and Division of Library and Information Services

Notice: 4410898

Notice of Proposed Rule

Department:

DEPARTMENT OF FINANCIAL SERVICES

Division:

OIR – Insurance Regulation

Chapter:

ANNUITY CONTRACTS

Overview

RULE:

69O-162.203

Adoption of 2001 Commissioners Standard Ordinary (CSO) Preferred Mortality Tables for Determining Reserve Liabilities for Ordinary Life Insurance.

PURPOSE:

The purpose of this regulation is to recognize, permit and prescribe the use of mortality tables that reflect differences in mortality between Preferred and Standard lives in determining minimum reserve liabilities in accordance with Subsection 625.121(5)(a)3., F.S., and Rule 69O-164.020, F.A.C.

SUMMARY:

The rule establishes requirements relating to mortality tables.

RULEMAKING AUTHORITY:

624.308(1), 625.121 FS.

LAW:

624.307(1), 625.121 FS.

PRINT PUBLISH DATE:

7/27/2007 Vol. 33/30

COMMENTS:

From 7/27/2007 To 8/17/2007 (21 Days)
The public comment period for this notice has already expired.

REFERENCE MATERIALS:

No reference(s).

Under Florida law, E-mail addresses are public records. If you do not want your E-mail address released in response to a public records request, do not send electronic mail to this entity. Instead, contact this office by phone or in writing.