In Special Session in January, 2007, the legislature, in House Bill 1A, § 22 deactivated the Property and Casualty Joint Underwriting Association (PCJUA).

DEPARTMENT OF FINANCIAL SERVICES
Residual Markets and Special Risk Pools

RULE NO: RULE TITLE
69P-2.001: Purpose
69P-2.002: Adoption of Property and Casualty Risk Apportionment Plan
PURPOSE AND EFFECT: In Special Session in January, 2007, the legislature, in House Bill 1A, § 22 deactivated the Property and Casualty Joint Underwriting Association (PCJUA).
SUMMARY: In accordance with the House Bill 1A, § 22, all policies in the PCJUA were assumed by Citizens Property Insurance Corporation (Citizens). Consequently, this rule, which is the Plan of Operation of the PCJUA, needs to be repealed.
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: 627.351 FS.
LAW IMPLEMENTED: 627.351 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: June 24, 2008, 9:30 a.m.
PLACE: 143 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: Belinda Miller, 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: Belinda Miller, P&C Product Review, Office of Insurance Regulation, E-mail: [e-mail]

THE FULL TEXT OF THE PROPOSED RULE IS:

69P-2.001 Purpose.

Specific Authority 627.351 FS. Law Implemented 627.351 FS. History–New 8-13-89, Formerly 4-87.001, 4J-2.001, Amended 11-21-06, Repealed________.

 

69P-2.002 Adoption of Property and Casualty Risk Apportionment Plan.

Specific Authority 624.308(1), 627.351(5) FS. Law Implemented 624.307(1), 627.351(5) FS. History–New 8-13-89, Amended 8-18-91, Formerly 4-87.002, Amended 10-9-94, 5-26-96, Formerly 4J-2.002, Amended 11-21-06, Repealed________.

NAME OF PERSON ORIGINATING PROPOSED RULE: Belinda Miller, P&C Product Review, Office of Insurance Regulation, E-mail: [e-mail]
NAME OF SUPERVISOR OR PERSON WHO APPROVED THE PROPOSED RULE: Belinda Miller, P&C Product Review, Office of Insurance Regulation, E-mail: [e-mail]
DATE PROPOSED RULE APPROVED BY AGENCY HEAD: December 11, 2007
DATE NOTICE OF PROPOSED RULE DEVELOPMENT PUBLISHED IN FAW: August 11, 2006