20145850, 69O-125.003 - Florida Administrative Rules, Law, Code, Register

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Florida Department of State and Division of Library and Information Services

Notice: 20145850

Notice of Development of Rulemaking

Department:

DEPARTMENT OF FINANCIAL SERVICES

Division:

OIR – Insurance Regulation

Chapter:

UNFAIR DISCRIMINATION

Overview

RULE:

69O-125.003

Unfair Discrimination Because of Travel Plans

PURPOSE:

This rule is being amended to remove the requirement that insurers report the refusal or limitation of annuity contracts based on the applicant’s past or future lawful foreign travel.

SUBJECT:

The current rule requires an insurer to report the limitation or refusal of life insurance or annuity contracts for an applicant on the basis of past or future lawful foreign travel unless the insurer can demonstrate that the differential treatment is actuarially supportable.

RULEMAKING AUTHORITY:

626.9541(1)(dd)3., 626.9611, F.S.

LAW:

626.951; 626.9521; 626.9541(1)(g), (dd), F.S.

PRINT PUBLISH DATE:

3/7/2018 Vol. 44/46

RELATED STATUTES
AND LAWS:

626.9541(1)(dd)3., 626.9611, F.S., 626.951; 626.9521; 626.9541(1)(g), (dd), 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://www.flrules.org/gateway/ruleno.asp?id=69O-125.003&PDate=3/7/2018&Section=1

REFERENCE MATERIALS:

No reference(s).

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