The Office of Insurance Regulation is developing a new rule to implement Ch. 2018-131, Laws of Florida, signed into law on March 30, 2018. The legislation provides a that person may attempt to rebut a presumption of control by filing a disclaimer of ...  

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    DEPARTMENT OF FINANCIAL SERVICES

    OIR – Insurance Regulation

    RULE NO.:RULE TITLE:

    69O-207.004Disclaimer of Control

    PURPOSE AND EFFECT: The Office of Insurance Regulation is developing a new rule to implement Ch. 2018-131, Laws of Florida, signed into law on March 30, 2018. The legislation provides that a person may attempt to rebut a presumption of control by filing a disclaimer of control on a form prescribed by the Financial Services Commission.

    SUBJECT AREA TO BE ADDRESSED: Control of specialty insurers.

    RULEMAKING AUTHORITY: 624.308, 628.4615(11), 628.4615(15) FS.

    LAW IMPLEMENTED: 628.4615 FS.

    IF REQUESTED IN WRITING AND NOT DEEMED UNNECESSARY BY THE AGENCY HEAD, A RULE DEVELOPMENT WORKSHOP WILL BE NOTICED IN THE NEXT AVAILABLE FLORIDA ADMINISTRATIVE REGISTER.

    THE PERSON TO BE CONTACTED REGARDING THE PROPOSED RULE DEVELOPMENT AND A COPY OF THE PRELIMINARY DRAFT, IF AVAILABLE, IS: Michael Lawrence, Jr., Assistant General Counsel, Michael.LawrenceJr@floir.com, (850)413-4112.

    THE PRELIMINARY TEXT OF THE PROPOSED RULE DEVELOPMENT IS AVAILABLE AT NO CHARGE FROM THE CONTACT PERSON LISTED ABOVE.

Document Information

Subject:
Control of specialty insurers.
Purpose:
The Office of Insurance Regulation is developing a new rule to implement Ch. 2018-131, Laws of Florida, signed into law on March 30, 2018. The legislation provides a that person may attempt to rebut a presumption of control by filing a disclaimer of control on a form prescribed by the Financial Services Commission.
Rulemaking Authority:
624.308, 628.4615(11), 628.4615(15) FS.
Law:
628.4615 FS.
Contact:
Michael Lawrence, Jr., Assistant General Counsel, Michael.LawrenceJr@floir.com, (850) 413-4112.
Related Rules: (1)
69O-207.004. Disclaimer of Control