27381080, 69O-137.014 - Florida Administrative Rules, Law, Code, Register

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Florida Department of State and Division of Library and Information Services

Notice: 27381080

Notice of Development of Rulemaking

Department:

DEPARTMENT OF FINANCIAL SERVICES

Division:

OIR – Insurance Regulation

Chapter:

INSURER REPORTING REQUIREMENTS

Overview

RULE:

69O-137.014

Notice of Temporary Discontinuance of Writing New Residential Property Insurance Policies

PURPOSE:

Rule 69O-137.014 “Notice of Temporary Discontinuance of Writing New Residential Property Insurance Policies” is being created to enact the provisions of Section 624.4301, F.S., as created by Section 7 of Chapter 2023-172, L.O.F. The subsection requires that insurers temporarily suspending the writing of new residential property insurance policies notify the office of such action on a form approved by the office and adopted by rule. The required form, OIR-A1-1500, “Notice of Temporary Discontinuance of Writing New Residential Property Insurance Policies” is incorporated by refence in this rule.

SUBJECT:

Notice of Temporary Discontinuance of Writing New Residential Property Insurance Policies

RULEMAKING AUTHORITY:

624.308(1), 624.4301, F.S.

LAW:

624.4301, F.S

PRINT PUBLISH DATE:

7/28/2023 Vol. 49/146

RELATED STATUTES
AND LAWS:

624.308(1), 624.4301, F.S., 624.4301, 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-137.014&PDate=7/28/2023&Section=1

REFERENCE MATERIALS:

No reference(s).

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