25199453, 69O-171.011 - Florida Administrative Rules, Law, Code, Register

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Florida Department of State and Division of Library and Information Services

Notice: 25199453

Notice of Development of Rulemaking

Department:

DEPARTMENT OF FINANCIAL SERVICES

Division:

OIR – Insurance Regulation

Chapter:

PROPERTY AND CASUALTY INSURER REPORTING REQUIREMENTS

Overview

RULE:

69O-171.011

Property Claims Litigation Data Call

PURPOSE:

Chapter 2021-77, Laws of Florida, created amended 624.424, F.S., and added subsection (11), which requires the Financial Services Commission to create a form and requires each authorized insurer or insurer group issuing personal lines or commercial lines residential property insurance policies in this state to file with the office on an annual basis a supplemental property claims litigation report on an individual and group basis for closed claims.

SUBJECT:

Property & Casualty Insurers

RULEMAKING AUTHORITY:

624.308(1), 624.424(11) FS.

LAW:

627.307(1), 624.424 FS.

PRINT PUBLISH DATE:

10/29/2021 Vol. 47/211

RELATED STATUTES
AND LAWS:

624.308(1), 624.424(11) FS., 627.307(1), 624.424 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://www.flrules.org/gateway/ruleno.asp?id=69O-171.011&PDate=10/29/2021&Section=1

REFERENCE MATERIALS:

No reference(s).

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