69H-1.002. Premium Assessments

Effective on Tuesday, July 18, 2023

1(1) Premium assessments shall be paid within thirty days from date of invoice/billing, or coverage may be suspended by reasonable notice.

22(2) In the event budgeted funds are not adequate to pay all claims for the current budget year, the Division of Risk Management may submit an interim premium assessment to the agency during the fiscal year in which the deficit occurs and the additional charge will be payable on receipt of invoice.

74(3) Within 30 days of notification by the Division of Risk Management, agencies and universities shall make annual property value updates through the Division of Risk Management Insurance Management System at https://live.origamirisk.com/.

106Rulemaking Authority 108284.17 FS. 110Law Implemented 112284.01 FS. 114History–New 7-29-72, Formerly 4-29.02, 4-29.002, Amended 1-7-92, 12-27-95, Formerly 4H-1.002, Amended 7-18-23.

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