The purpose is to amend existing Form OIR-B1-1655, Notice of Premium Discounts for Hurricane Loss Mitigation, to incorporate changes required by Chapter 2007-1, Laws of Florida, and to adopt a Uniform Mitigation Verification Inspection Form for use ...

DEPARTMENT OF FINANCIAL SERVICES
OIR – Insurance Regulation

RULE NO: RULE TITLE
69O-170.0155: Forms
PURPOSE AND EFFECT: The purpose is to amend existing Form OIR-B1-1655, Notice of Premium Discounts for Hurricane Loss Mitigation, to incorporate changes required by Chapter 2007-1, Laws of Florida, and to adopt a Uniform Mitigation Verification Inspection Form for use by insurers.
SUMMARY: Adopts revisions to Form OIR-B1-1655 and adopts new form OIR-B1-XXXX, “Uniform Mitigation Verification Inspection Form”, required by Chapter 2007-1, Laws of Florida.
SUMMARY OF STATEMENT OF ESTIMATED REGULATORY COSTS: No Statement of Estimated Regulatory Cost was prepared.
Any person who wishes to provide information regarding a statement of estimated regulatory costs, or provide a proposal for a lower cost regulatory alternative must do so in writing within 21 days of this notice.
SPECIFIC AUTHORITY: 624.308(1), 627.711 FS.
LAW IMPLEMENTED: 624.307(1), 624.424, 627.062, 627.0645, 627.711 FS.
IF REQUESTED WITHIN 21 DAYS OF THE DATE OF THIS NOTICE, A HEARING WILL BE HELD AT THE DATE,TIME AND PLACE SHOWN BELOW(IF NOT REQUESTED, THIS HEARING WILL NOT BE HELD):
DATE AND TIME: Tuesday, May 22, 2007, 9:30 a.m.
PLACE: Room 142, 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: Michael Milnes, P&C Product Review, Office of Insurance Regulation, E-mail [e-mail]. 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 IS: Michael Milnes, Deputy Director, Product Review, Office of Insurance Regulation

THE FULL TEXT OF THE PROPOSED RULE IS:

69O-170.0155 Forms.

The following forms are hereby adopted and incorporated by reference:

(1)(a) through (i) No change.

(j) Effective March 1, 2007. Form OIR-B1-1655, “Notice of Premium Discounts for Hurricane Loss Mitigation”, (Rev 3/1/07) 3/07 is adopted and incorporated herein by reference.

(k) Form OIR-B1-XXXX, “Uniform Mitigation Verification Inspection Form” (New 7/07).

(2) No change.

Specific Authority 624.308(1), 627.711 FS. Law Implemented 624.307(1), 624.424, 627.062, 627.0645, 627.711 FS. History–New 6-19-03, Formerly 4-170.0155, Amended 2-23-06, 12-26-06,_________.

NAME OF PERSON ORIGINATING PROPOSED RULE: Michael Milnes, Deputy Director, Product Review, Office of Insurance Regulation
NAME OF SUPERVISOR OR PERSON WHO APPROVED THE PROPOSED RULE: Richard Koon, Director, Product Review, Office of Insurance Regulation
DATE PROPOSED RULE APPROVED BY AGENCY HEAD: April 18, 2007
DATE NOTICE OF PROPOSED RULE DEVELOPMENT PUBLISHED IN FAW: February 9, 2007