These rules are being amended to adopt the 2017 NAIC Quarterly Statement Manuals, the 2016 NAIC Annual Statement Instructions Manuals, the 2016 and 2017 NAIC Accounting Practices and Procedures Manuals and 2017 NAIC User’s Guide. The current rule ...
DEPARTMENT OF FINANCIAL SERVICES
RULE NO.:RULE TITLE:
69O-137.001Annual and Quarterly Reporting Requirements
PURPOSE AND EFFECT: These rules are being amended to adopt the 2017 NAIC Quarterly Statement Manuals, the 2016 NAIC Annual Statement Instructions Manuals, the 2016 and 2017 NAIC Accounting Practices and Procedures Manuals and 2017 NAIC User’s Guide. The current rule adopted the 2016 NAIC Quarterly Statement Manuals, the 2015 NAIC Annual Statement Instructions Manuals, and the 2015 and 2016 NAIC Accounting Practices and Procedures Manuals.
SUBJECT AREA TO BE ADDRESSED: Section 624.424, Florida Statutes, requires insurers to file quarterly and annual financial reports with the Office of Insurance Regulation and allows the Office to enact rules setting the standards for those reports. By adopting the current versions of these NAIC instructions and manuals, the Office is establishing up-to-date, uniform standards for annual and quarterly reports which will provide the information necessary for the Office to evaluate insurers’ financial conditions.
RULEMAKING AUTHORITY: 624.308(1), 624.424(1), FS.
LAW IMPLEMENTED: 624.424(1), FS.
IF REQUESTED IN WRITING AND NOT DEEMED UNNECESSARY BY THE AGENCY HEAD, A RULE DEVELOPMENT WORKSHOP WILL BE HELD AT THE DATE, TIME AND PLACE SHOWN BELOW:
DATE AND TIME: March 8, 2017, 9:30 a.m.
PLACE: 116 Larson Building, 200 East Gaines Street, Tallahassee, Florida
Pursuant to the provisions of the Americans with Disabilities Act, any person requiring special accommodations to participate in this workshop/meeting is asked to advise the agency at least 5 days before the workshop/meeting by contacting: Robert Ridenour, Office of Insurance Regulation, E-mail Robert.Ridenour@floir.com. If you are hearing or speech impaired, please contact the agency using the Florida Relay Service, 1(800)955-8771 (TDD) or 1(800)955-8770 (Voice).
THE PERSON TO BE CONTACTED REGARDING THE PROPOSED RULE DEVELOPMENT AND A COPY OF THE PRELIMINARY DRAFT, IF AVAILABLE, IS: Robert Ridenour, Office of Insurance Regulation, E-mail Robert.Ridenour@floir.com.
THE PRELIMINARY TEXT OF THE PROPOSED RULE DEVELOPMENT IS AVAILABLE AT NO CHARGE FROM THE CONTACT PERSON LISTED ABOVE.
Document Information
- Subject:
- Section 624.424, Florida Statutes, requires insurers to file quarterly and annual financial reports with the Office of Insurance Regulation and allows the Office to enact rules setting the standards for those reports. By adopting the current versions of these NAIC instructions and manuals, the Office is establishing up-to-date, uniform standards for annual and quarterly reports which will provide the information necessary for the Office to evaluate insurers’ financial conditions.
- Purpose:
- These rules are being amended to adopt the 2017 NAIC Quarterly Statement Manuals, the 2016 NAIC Annual Statement Instructions Manuals, the 2016 and 2017 NAIC Accounting Practices and Procedures Manuals and 2017 NAIC User’s Guide. The current rule adopted the 2016 NAIC Quarterly Statement Manuals, the 2015 NAIC Annual Statement Instructions Manuals, and the 2015 and 2016 NAIC Accounting Practices and Procedures Manuals.
- Rulemaking Authority:
- 624.308(1), 624.424(1), FS.
- Law:
- 624.424(1), FS.
- Contact:
- Robert Ridenour, Office of Insurance Regulation, E-mail Robert.Ridenour@floir.com.
- Related Rules: (1)
- 69O-137.001. Annual and Quarterly Reporting Requirements