27360710, 69O-143.0465 - Florida Administrative Rules, Law, Code, Register

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Florida Department of State and Division of Library and Information Services

Notice: 27360710

Notice of Development of Rulemaking

Department:

DEPARTMENT OF FINANCIAL SERVICES

Division:

OIR – Insurance Regulation

Chapter:

DOMESTIC INSURERS

Overview

RULE:

69O-143.0465

Groupwide Supervision of Internationally Active Insurance Groups

PURPOSE:

The Office of Insurance Regulation is promulgating rule 69O-143.0465, to reinstate the definition of the term “insurance holding company system.” It also provides a definition for the term “internationally active insurance group” and provides procedures for how the Office will determine the groupwide supervisor of such a group as required by Sections 628.801(1), and 628.804(1)(a), F.S.

SUBJECT:

Group-wide Supervision of Internationally Active Insurance Groups.

RULEMAKING AUTHORITY:

624.308(1), 628.801(1), 628.804(4), F.S.

LAW:

624.307(1), 628.801, 628.804, F.S.

PRINT PUBLISH DATE:

7/24/2023 Vol. 49/142

RELATED STATUTES
AND LAWS:

624.308(1), 628.801(1), 628.804(4), F.S., 624.307(1), 628.801, 628.804, 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-143.0465&PDate=7/24/2023&Section=1

REFERENCE MATERIALS:

No reference(s).

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