28889527, 69O-137.009 - Florida Administrative Rules, Law, Code, Register

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Florida Department of State and Division of Library and Information Services

Notice: 28889527

Notice of Development of Rulemaking

Department:

DEPARTMENT OF FINANCIAL SERVICES

Division:

OIR – Insurance Regulation

Chapter:

INSURER REPORTING REQUIREMENTS

Overview

RULE:

69O-137.009

Filing Procedures for Commercial and Personal Residential Property Supplemental Quarterly Report

PURPOSE:

Rule 69O-137.009, F.A.C., and Form OIR-D0-1185 are being amended to reflect the changes made to Section 624.424(10) F.S., during the 2024 session. Those changes require that data collected from personal and commercial residential property insurance companies will be reported by zip code, not county, and those reports will be submitted on a monthly, rather than quarterly, basis. The changes to Form OIR-D0-1185 will allow insurers to submit that data as required beginning with the January 2025 data. The proposed draft rule and form are identical to those work shopped on May 30, 2024.

SUBJECT:

Annual Audited Financial Reports

RULEMAKING AUTHORITY:

624.424, F.S.

LAW:

624.424(10), F.S.

PRINT PUBLISH DATE:

10/22/2024 Vol. 50/207

RELATED STATUTES
AND LAWS:

624.424, F.S., 624.424(10), F.S.

OVERSIGHT COMMITTEE:

Joint Administrative Procedures Committee
Florida Administrative Law Central Online Network (F.A.L.C.O.N.)

RELATED COURT CASES:

Division of Administrative Hearings

FEDERAL eRULEMAKING
WEB PORTAL:

Regulations.gov

HOW TO LINK TO
THIS NOTICE:

http://flrules.org/gateway/ruleno.asp?id=69O-137.009&PDate=10/22/2024&Section=1

REFERENCE MATERIALS:

No reference(s).

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