Notice of Variances and Waivers

DEPARTMENT OF FINANCIAL SERVICES
OIR – Insurance Regulation
RULE NO: RULE TITLE
69O-125.003: Unfair Discrimination Because of Travel Plans
NOTICE IS HEREBY GIVEN that on February 24, 2010, the Office of Insurance Regulation, received a petition for a waiver from Rule 69O-125.003, F.A.C., the Travel Rule, from Transamerica Life Insurance Company, for travel to Iraq and Afghanistan. The rule provides that no underwriting decisions or issuance decisions may be made based upon travel plans unless the insurer has actuarial proof that the decisions are justified. The rule further provides that an insurer can petition for a waiver for travel to certain countries based upon concerns for traveler safety.
A copy of the Petition for Variance or Waiver may be obtained by contacting: Debra Seymour by email: debra.seymour@floir.com.