21097808, 69O-163.009 - Florida Administrative Rules, Law, Code, Register

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Florida Department of State and Division of Library and Information Services

Notice: 21097808

Notice of Development of Rulemaking

Department:

DEPARTMENT OF FINANCIAL SERVICES

Division:

OIR – Insurance Regulation

Chapter:

CREDIT LIFE AND CREDIT DISABILITY INSURANCE

Overview

RULE:

69O-163.009	Determination of Reasonableness of Benefits in Relation to Premium Charge
69O-163.011	Credit Disability Insurance Rates

PURPOSE:

The amendment to Rule 69O-163.009, FAC, specifies the credibility factors to be applied for the calculation of deviations from prima facie rates.  The amendments to Rule 69O-163.011, FAC, amend the maximum credit disability insurance premium rates.

SUBJECT:

Credit life and credit disability insurance.

RULEMAKING AUTHORITY:

624.308(1), 627.678, FS.

LAW:

624.307(1), 627.678, 627.6785, 627.682, FS.

PRINT PUBLISH DATE:

10/30/2018 Vol. 44/212

RELATED STATUTES
AND LAWS:

624.308(1), 627.678, FS., 624.307(1), 627.678, 627.6785, 627.682, FS.

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-163.009&PDate=10/30/2018&Section=1

REFERENCE MATERIALS:

No reference(s).

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