Florida Insurance Council - Covering Florida Since 1962
By: Meenan Law, FIC lobbyist Joy Ryan attended the OIR rule workshop held on Oct. 7 for the Shared Savings rule and provided the following report of the workshop. Forms and rule are attached. Comments are due Oct. 16. 2019 69O-240.001, .002 (with forms) 2019 Form OIR-B2-2215 OIR staff in attendance: Bureau Chief John…
By: Katrina Callaway, FIC General Counsel Recently, the OIR published a notice that it was amending administrative rules relating to reporting requirements for unlicensed insurance activity by multiple employer welfare arrangements (MEWA), labor leasing organizations, and collectively bargained plans. A copy of the proposed rule changes is attached for your review: 69O-230 MEWA Reporting. The…
By: Katrina Callaway, FIC General Counsel On October 4, 2019, the Office of Insurance Regulation (OIR) held a rate hearing on NCCI’s proposed 5.4% rate decrease for workers’ compensation effective January 1, 2020. The OIR will now further review the rate filing and public testimony on it and issue a decision at a later date.…
MEDIA ADVISORY FOR IMMEDIATE RELEASE: October 1, 2019 Contact Information: Karen Kees, (850) 413-2515, press@floir.com National Council on Compensation Insurance (NCCI) Public Rate Hearing WHO: National Council on Compensation Insurance (NCCI) WHAT: The Florida Office of Insurance Regulation (OIR) will conduct a public hearing to discuss NCCI’s proposed overall statewide average workers’ compensation premium decrease…
By: Katrina Callaway, FIC General Counsel The OIR recently published draft rules and forms for the health insurance health shared savings program. The rules and forms are attached. A rule workshop on them is set for October 7th at 10:10 am in Tallahassee where the OIR will accept public comment on them. The shared savings…