Variance from Fla. Admin. Code Ann. r. 69O-149.005(14)(b) from National Guardian Life Insurance Company. The petition requests that the Office grant a variance from the multiple year rate guarantee or rating cap provision that may not exceed 24 ...

 

DEPARTMENT OF FINANCIAL SERVICES

OIR – Insurance Regulation

RULE NO.:RULE TITLE:

69O-149.005Reasonableness of Benefits in Relation to Premiums

NOTICE IS HEREBY GIVEN that on July 27, 2017, the Office of Insurance Regulation received a petition for Variance from Fla. Admin. Code Ann. paragraph 69O-149.005(14)(b), F.A.C., from National Guardian Life Insurance Company. The petition requests that the Office grant a variance from the multiple year rate guarantee or rating cap provision that may not exceed 24 months. Petitioner requests that the time frame be extended at lease thirty-six months or such longer period as the Office permits with respect to group health insurance policies insuring groups of 51 or more persons.

A copy of the Petition for Variance or Waiver may be obtained by contacting: Debra Seymour at [e-mail].