This is an action to repeal 69O-141.021 (Moratorium Phaseout) because this rule implements a statute that was repealed in 2001. The rule implements Section 627.7013, F.S., “Orderly Markets for Personal Lines Residential Property Insurance”. This ...

 

DEPARTMENT OF FINANCIAL SERVICES
OIR Insurance Regulation

RULE NO: RULE TITLE
69O-141.021: Procedures Implementing the Moratorium Phaseout in Section 627.7013, Florida Statutes
PURPOSE AND EFFECT: This is an action to repeal 69O-141.021 (Moratorium Phaseout) because this rule implements a statute that was repealed in 2001. The rule implements Section 627.7013, F.S., “Orderly Markets for Personal Lines Residential Property Insurance”. This statute was repealed by its own terms on June 1, 2001.
SUMMARY OF ESTIMATED REGULATORY COSTS: No Statement of Estimated Regulatory Cost was prepared.
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.
SPECIFIC AUTHORITY: 624.308(1), 627.7013(2)(b) FS.
LAW IMPLEMENTED: 624.307(1),(2),(3),(4), 624.315, 624.408, 624.424(6), 626.9541(1)(x), 627.062(2)(d), 627.4133, 627.7013 FS.
IF REQUESTED WITHIN 21 DAYS OF THE DATE OF THIS NOTICE, A HEARING WILL BE HELD AT THE TIME, DATE AND PLACE SHOWN BELOW(IF NOT REQUESTED, THIS HEARING WILL NOT BE HELD):
TIME AND DATE: July 19, 2006, 9:30 a.m.
PLACE: Room 143, Larson Building, 200 East Gaines Street, Tallahassee, Florida.
THE PERSON TO BE CONTACTED REGARDING THE PROPOSED RULE IS: Claude Mueller, Director, Property and Casualty Financial Oversight, Office of Insurance Regulation, E-mail [e-mail].
Pursuant to the provisions of the Americans with Disabilities Act, any person requiring special accommodations to participate in this program, please advise the Office at least 5 calendar days before the program by contacting the person listed above.

THE FULL TEXT OF THE PROPOSED RULE IS:

69O-141.021 Procedures Implementing the Moratorium Phaseout in Section 627.7013, Florida Statutes.

Specific Authority 624.308(1), 627.7013(2)(b) FS. Law Implemented 624.307(1),(2),(3),(4), 624.315, 624.408, 624.424(6), 626.9541(1)(x), 627.062(2)(d), 627.4133, 627.7013 FS. History–New 6-7-95, Formerly 4-141.021, Repealed _________________.

NAME OF PERSON ORIGINATING PROPOSED RULE: Claude Mueller, Property and Casualty Financial Oversight, Office of Insurance Regulation
NAME OF SUPERVISOR OR PERSON WHO APPROVED THE PROPOSED RULE: Tom Streukens, Deputy Commissioner, Office of Insurance Regulation
DATE PROPOSED RULE APPROVED BY AGENCY HEAD: June 6, 2006