: The Florida Legislature has directed the Office of Insurance Regulation to “review Florida law and regulations to determine whether there are adequate protections for purchasers of life insurance policies in the secondary life insurance market to ...

 

DEPARTMENT OF FINANCIAL SERVICES

OIR – Insurance Regulation

The Office of Insurance Regulation announces a hearing to which all persons are invited.

DATE AND TIME: October 25, 2013, 10:00 a.m.

PLACE: Knott Building, Room 412, Capitol Complex, 404 S. Monroe St., Tallahassee, FL 32399

GENERAL SUBJECT MATTER TO BE CONSIDERED: The Florida Legislature has directed the Office of Insurance Regulation to “review Florida law and regulations to determine whether there are adequate protections for purchasers of life insurance policies in the secondary life insurance market to ensure that this market continues to exist for Florida seniors.” The Office is required to issue a report on the findings to the Legislature by December 1, 2013.

Florida law allows the Office of Insurance Regulation to hold a public hearing for any purpose within the scope of the Insurance Code deemed to be necessary. In accordance with the directive of the Legislature to issue a report on this matter, the Office of Insurance Regulation is holding a public hearing. Input from investors in the secondary life insurance market, insurers, and other interested parties will be received at this public hearing.

Any materials that you wish the Office of Insurance Regulation to consider must be provided to the Office of Insurance Regulation no later than October 15, 2013. Please send any materials to [e-mail]. Materials received on this matter will be available to the public and posted on the Office of Insurance Regulation’s website.

If you are unable to attend this public hearing, please forward your comments to the Office of Insurance Regulation at [e-mail] no later than October 30, 2013.

A copy of the agenda may be obtained by contacting: Alyssa Lathrop, [phone] or Melanie Gregory, [phone].

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 48 hours before the workshop/meeting by contacting Melanie Gregory at [phone] or emailing her at [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).

For more information, you may contact Alyssa Lathrop, [phone] or Melanie Gregory, [phone].