Notice of Proposed Rule

STATE BOARD OF ADMINISTRATION
Rule No. : RULE TITLE :
19-8.015: Definitions Applicable to the 1995-1996 Contract Year
19-8.016: 1995 Reimbursement Premium Formula
19-8.017: Insurer Reporting Requirements for the 1995-1996 Contract Year
19-8.018: Definitions Applicable to the 1996-1997 Contract Year
19-8.019: 1996 Reimbursement Premium Formula
19-8.020: Insurer Reporting Requirements for the 1996-1997 Contract Year
19-8.021: Definitions Applicable to the 1997-1998 Contract Year
19-8.022: 1997 Reimbursement Premium Formula
19-8.023: Insurer Reporting Requirements for the 1997-1998 Contract Year
19-8.024: Definitions Applicable to the 1998-1999 Contract Year
19-8.025: 1998 Reimbursement Premium Formula
19-8.026: Insurer Reporting Requirements for the 1998-1999 Contract Year
19-8.027: Definitions Applicable to the 1999-2000 Contract Year
PURPOSE AND EFFECT: The State Board of Administration, Florida Hurricane Catastrophe Fund, seeks to repeal the rules listed above as obsolete.
SUMMARY: These rules are being repealed as obsolete since the final payments for losses have been made relative to the Contract Years covered by the rules.
SUMMARY OF STATEMENT OF ESTIMATED REGULATORY COSTS: The Agency has determined that this will not have an adverse impact on small business or likely increase directly or indirectly regulatory costs in excess of $200,000 in the aggregate within one year after the implementation of the rule. An SERC has not been prepared by the agency.
Any person who wishes to provide information regarding a statement of estimated regulatory costs, or provide a proposal for a lower cost regulatory alternative must do so in writing within 21 days of this notice.
RULEMAKING AUTHORITY: 215.555(3) FS.
LAW IMPLEMENTED: 215.555(2), (3), (4), (5), (6), (7), (10), (16), (17) FS.
IF REQUESTED WITHIN 21 DAYS OF THE DATE OF THIS NOTICE, A HEARING WILL BE SCHEDULED AND ANNOUNCED IN THE FAW.
THE PERSON TO BE CONTACTED REGARDING THE PROPOSED RULE IS: Tracy Allen, 1801 Hermitage Blvd., Tallahassee, FL 32308, (850)413-1341 or tracy.allen@sbafla.com

THE FULL TEXT OF THE PROPOSED RULE IS:

19-8.015 Definitions Applicable to the 1995-1996 Contract Year.

Rulemaking Specific Authority 215.555(3) FS. Law Implemented 215.555 FS. History–New 11-12-95, Repealed_________.

 

19-8.016 1995 Reimbursement Premium Formula.

Rulemaking Specific Authority 215.555(3) FS. Law Implemented 215.555(5) FS. History–New 11-12-95, Repealed_________.

 

19-8.017 Insurer Reporting Requirements for the 1995-1996 Contract Year.

Rulemaking Specific Authority 215.555(3) FS. Law Implemented 215.555 FS. History–New 11-12-95, Repealed_________.

 

19-8.018 Definitions Applicable to the 1996-1997 Contract Year.

Rulemaking Specific Authority 215.555(3) FS. Law Implemented 215.555 FS. History–New 8-6-96, Repealed_________.

 

19-8.019 1996 Reimbursement Premium Formula.

Rulemaking Specific Authority 215.555(3) FS. Law Implemented 215.555(5) FS. History–New 8-6-96, Amended 2-17-97, Repealed_________.

 

19-8.020 Insurer Reporting Requirements for the 1996-1997 Contract Year.

Rulemaking Specific Authority 215.555(3) FS. Law Implemented 215.555 FS. History–New 8-6-96, Amended 2-17-97, Repealed_________.

 

19-8.021 Definitions Applicable to the 1997-1998 Contract Year.

Rulemaking Specific Authority 215.555(3) FS. Law Implemented 215.555(2), (3), (4), (5), (6), (7) FS. History–New 6-19-97, Repealed_________.

 

19-8.022 1997 Reimbursement Premium Formula.

Rulemaking Specific Authority 215.555(3) FS. Law Implemented 215.555(2), (3), (4), (5), (6), (7) FS. History–New 6-19-97, Repealed_________.

 

19-8.023 Insurer Reporting Requirements for the 1997-1998 Contract Year.

Rulemaking Specific Authority 215.555(3) FS. Law Implemented 215.555(2), (3), (4), (5), (6), (7) FS. History–New 6-19-97, Repealed_________.

 

19-8.024 Definitions Applicable to the 1998-1999 Contract Year.

Rulemaking Specific Authority 215.555(3) FS. Law Implemented 215.555(2), (3), (4), (5), (6), (7) FS. History–New 5-28-98, Repealed_________.

 

19-8.025 1998 Reimbursement Premium Formula.

Rulemaking Specific Authority 215.555(3) FS. Law Implemented 215.555(2), (3), (4), (5), (6), (7) FS. History–New 5-28-98, Amended 12-3-98, Repealed_________.

 

19-8.026 Insurer Reporting Requirements for the 1998-1999 Contract Year.

Rulemaking Specific Authority 215.555(3) FS. Law Implemented 215.555(2), (3), (4), (5), (6), (7) FS. History–New 5-28-98, Repealed_________.

 

19-8.027 Definitions Applicable to the 1999-2000 Contract Year.

Rulemaking Specific Authority 215.555(3) FS. Law Implemented 215.555(2), (3), (4), (5), (6), (7) FS. History–New 5-17-99, Repealed_________.


NAME OF PERSON ORIGINATING PROPOSED RULE: Jack E. Nicholson, FHCF Chief Operating Officer, State Board of Administration
NAME OF AGENCY HEAD WHO APPROVED THE PROPOSED RULE: The Trustees of the State Board of Administration of Florida
DATE PROPOSED RULE APPROVED BY AGENCY HEAD: May 3, 2011