These rules were identified for repeal after the Department conducted a review of its existing rules to reduce the number of rules that were unnecessary or duplicative.

 

DEPARTMENT OF FINANCIAL SERVICES

Division of Insurance Agent and Agency Services

RULE NOS.:RULE TITLES:

69B-156.013Permitted Compensation Arrangements

69B-156.014Required Disclosure Provisions

69B-156.015Requirements for Application Forms and Replacement Coverage

69B-156.050Separability

69B-156.123Prior Rules

PURPOSE AND EFFECT: These rules were identified for repeal after the Department conducted a review of its existing rules to reduce the number of rules that were unnecessary or duplicative.

SUMMARY: These rules are being repealed since they are duplicative of the correspondingly-numbered rules in Rule Chapter 69O-156, F.A.C., which are administered by the Office of Insurance Regulation.

SUMMARY OF STATEMENT OF ESTIMATED REGULATORY COSTS AND LEGISLATIVE RATIFICATION:

The Agency has determined that this will not have an adverse impact on small business or likely increase directly or indirectly regulatory costs in excess of $200,000 in the aggregate within one year after the implementation of the rule. A SERC has not been prepared by the Agency.

The Agency has determined that the proposed rule is not expected to require legislative ratification based on the statement of estimated regulatory costs or if no SERC is required, the information expressly relied upon and described herein: The Department conducted an economic analysis of the potential impact of the proposed rule repeal and determined that there will be no adverse economic impact or regulatory increases that would require legislative ratification.

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.

RULEMAKING AUTHORITY: 624.308(1), 626.9611, 627.674(2) FS.

LAW IMPLEMENTED: 624.307(1), 626.9541(1), 626.9641(1) 627.674 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: October 2, 2018, 9:00 a.m.

PLACE: Conference Room 142, Larson Building, 200 E Gaines St., Tallahassee, FL 32308

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: Ray Wenger at [phone] or [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: Ray Wenger, Chief, Bureau of Investigations, address: 200 E. Gaines Street, Tallahassee, FL 32399-0320, telephone: [phone], email: [e-mail].

 

THE FULL TEXT OF THE PROPOSED RULE IS:

 

69B-156.013 Permitted Compensation Arrangements.

Rulemaking Authority 627.6742(1) FS. Law Implemented 627.6742 FS. History–New 12-9-90, Formerly 4-51.022, Amended 1-1-92, Formerly 4-156.013, Repealed __________.

 

69B-156.014 Required Disclosure Provisions.

Rulemaking Authority 624.308(1), 627.674(2) FS. Law Implemented 624.307(1), 627.674 FS. History–New 1-1-81, Formerly 4-51.06, Amended 9-4-89, 3-13-90, 12-9-90, Formerly 4-51.006, Amended 1-1-92, 7-14-96, 12-17-96, 7-26-99, Formerly 4-156.014, Repealed __________.

 

69B-156.015 Requirements for Application Forms and Replacement Coverage.

Rulemaking Authority 624.308(1), 627.674(2) FS. Law Implemented 624.307(1), 627.674 FS. History–New 1-1-81, Formerly 4-51.07, Amended 9-4-89, 12-9-90, Formerly 4-51.007, Amended 1-1-92, 7-14-96, Formerly 4-156.015, Repealed__________.

 

69B-156.050 Separability.

Rulemaking Authority 624.308(1) FS. Law Implemented 624.307(1), 627, Part VIII FS. History–New 12-9-90, Formerly 4-51.030, 4-156.050, Repealed __________.

 

69B-156.123 Prior Rules.

Rulemaking Authority 624.308(1), 626.9611 FS. Law Implemented 624.307(1), 626.9541(1)(a), (b), (e), (k), (l), 626.9641(1) FS. History–New 6-12-88, Formerly 4-46.022, 4-156.123, Repealed __________.

 

NAME OF PERSON ORIGINATING PROPOSED RULE: Ray Wenger

NAME OF AGENCY HEAD WHO APPROVED THE PROPOSED RULE: Jimmy Patronis, Chief Financial Officer

DATE PROPOSED RULE APPROVED BY AGENCY HEAD: September 5, 2018

DATE NOTICE OF PROPOSED RULE DEVELOPMENT PUBLISHED IN FAR: N//A