Determination of Eligibility to Operate as an Alien Insurer in Florida pursuant to Subsection , Registration as a Risk Retention Group
DEPARTMENT OF FINANCIAL SERVICES
RULE NOS.:RULE TITLES:
69O-136.018Determination of Eligibility to Operate as an Alien Insurer in Florida pursuant to Subsection
69O-136.032Registration as a Risk Retention Group
NOTICE OF CHANGE
Notice is hereby given that the following changes have been made to the proposed rule in accordance with subparagraph 120.54(3)(d)1., F.S., published in Vol. 43 No. 126, June 29, 2017 issue of the Florida Administrative Register.
69O-136.018 Determination of Eligibility to Operate as an Alien Insurer in Florida Pursuant to Sections 624.402(8) and (9), F.S.
All insurers domiciled outside the United States and registering pursuant to Section 624.402(8), F.S. or seeking elegibility pursuant to Section 624.402(9), F.S. shall submit the following applicable form and requirements therein:
(1) No change.
(2) Form OIR-C1-2176, “Letter of Notification/ Registration to Operate As a Non-US Based (Alien) Insurer (also Referred to as “Offshore Insurer”) in Florida Pursuant to section 624.402(8), Florida Statutes”, rev. 5/17. which includes Form OIR-C1-1298, “Uniform Certificate of Authority Application (UCAA) – Management Information Form,” as adopted in Rule 69O-143.056, F.A.C.
Rulemaking Authority 624.308 FS. Law Implemented 624.402(8),(9) FS. History–New 5-25-06, Amended___________.
69O-136.032 Registration as a Risk Retention Group.
(1) No change.
(2) In addition to the information required on the forms in subsection (1) above, the entity shall utilize Form OIR-A1-1615, “ Transmittal of Premium Taxes for Risk Retention Groups (RRG’s)”, rev 5/17 , and remit its quarterly premium tax in accordance with the instructions contained therein.
Rulemaking Authority 624.308, 627.954 FS. Law Implemented 624.307(1), (3), 624.318, 624.321, 624.404(3)(a), 624.413, 627.943, 627.944, 628.051, 628.061 FS. History–New 1-30-91, Formerly 4-107.003, 4-136.032, Amended__________.
The remainder of the rule reads as previously published.