Safety-Net Hospital Alternative Risk Pool, LLC.; The Notice of Petition for Declaratory Statement was published in Vol. 36, No. 13, of the April 2, 2010, Florida Administrative Weekly, and Vol. 36, No. 17, of the April 30, 2010, Florida ...

DEPARTMENT OF FINANCIAL SERVICES
Division of Insurance Agents and Agency Services

NOTICE IS HEREBY GIVEN THAT the Florida Department of Financial Services hereby gives notice that, on June 21, 2010, it has issued an order disposing of the petition for declaratory statement filed by Safety-Net Hospital Alternative Risk Pool, LLC. on March 12, 2010. The following is a summary of the agency's disposition of the petition:
The Notice of Petition for Declaratory Statement was published in Vol. 36, No. 13, of the April 2, 2010, Florida Administrative Weekly, and Vol. 36, No. 17, of the April 30, 2010, Florida Administrative Weekly. The Petition sought the agency’s opinion as to the applicability of Sections 626.932 and 626.9325, Florida Statutes, as it applies to the Petitioner. The Petition found that if the Petitioner otherwise meets the requirements of Sections 395.106(1)(a)-(d), Florida Statutes, the Petitioner would be deemed to satisfy the statutory requirements to be an “alliance” pursuant to Section 395.106, Florida Statutes, and as such, for the reasons stated in the Petition, would be exempt from the surplus lines taxes and costs provisions of Sections 626.932 and 626.9325, Florida Statutes, contained in the Florida Insurance Code.
A copy of the Order Disposing of the Petition for Declaratory Statement may be obtained by contacting: Regina Keenan, Division of Legal Services, Department of Financial Services, 200 East Gaines Street, Tallahassee, Florida 32399-0333, [phone].