7970604, 69O-236.001 - Florida Administrative Rules, Law, Code, Register

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Florida Department of State and Division of Library and Information Services

Notice: 7970604

Notice of Proposed Rule

Department:

DEPARTMENT OF FINANCIAL SERVICES

Division:

OIR – Insurance Regulation

Chapter:

Annual Report Card

Overview

RULE:

69O-236.001	Annual Report Card
69O-236.002	Definitions
69O-236.003	Methodology
69O-236.004	Limitations and Exclusions
69O-236.005	Data Sources

PURPOSE:

To adopt the annual report card to be used by the Office of the Consumer Advocate, as required by Section 627.0613, Florida Statutes.

SUMMARY:

Section 627.0613(4), Florida Statutes, requires the Consumer Advocate’s office to prepare an annual report card for each authorized personal residential property (homeowners) insurer, on a form and using a letter-grade scale developed by the Commission. The rule being proposed sets out the procedure by which the insurers would be graded and adopts the form by which the results are presented.

RULEMAKING AUTHORITY:

627.0613 FS.

LAW:

627.0613 FS.

PRINT PUBLISH DATE:

11/25/2009 Vol. 35/47

COMMENTS:

From 11/25/2009 To 12/16/2009 (21 Days)
The public comment period for this notice has already expired.

REFERENCE MATERIALS:

No reference(s).

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