8019783, 69J-9.001 - Florida Administrative Rules, Law, Code, Register

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Florida Department of State and Division of Library and Information Services

Notice: 8019783

Notice of Proposed Rule

Department:

DEPARTMENT OF FINANCIAL SERVICES

Division:

Division of Consumer Services

Chapter:

DATA BASE OF INFORMATION RELATING TO SINKHOLES

Overview

RULE:

69J-9.001

Database of Information Relating to Sinkholes (Repealed)

PURPOSE:

Section 627.7065(2), F.S., requires the Department of Financial Services (“DFS”) to consult with the Florida Geological Survey (“FGS”) and the Department of Environmental Protection (“DEP”) to implement a statewide electronic database of sinkholes and related activity identified in the state. Pursuant to Section 627.7065(3), F.S., the content of the database may include standards for reporting and investigating sinkholes for inclusion in the database and requirements for insurers to report the receipt of claims involving sinkhole loss and other similar activities. The DFS may require insurers to report present and past data of sinkhole claims. The database may also include information of damage due to ground settling and other subsidence activity. The DFS consulted with the FGS and the DEP to determine the form and content of the database which is set forth in the proposed rule.

SUMMARY:

Rule 69J-9.001, F.A.C., requires insurers to electronically submit a report on all sinkhole claims investigated after January 1, 2005 on a secured Department website. Some of the required information includes: name of insurance company, where the claim occurred, depth and width of sinkhole, etc.

RULEMAKING AUTHORITY:

624.308(1), 627.7065(6) FS.

LAW:

627.706, 627.7065 FS.

PRINT PUBLISH DATE:

12/18/2009 Vol. 35/50

COMMENTS:

From 12/18/2009 To 1/8/2010 (21 Days)
The public comment period for this notice has already expired.

REFERENCE MATERIALS:

No reference(s).

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