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AGENDA

FINANCIAL SERVICES COMMISSION

MAY 13, 2003

MEMBERS

Governor Jeb Bush

Attorney General Charlie Christ

Treasurer Tom Gallagher

Commissioner Charlie Bronson

Contact:   Andrew Price (OFISR)

                  (850-410-9896)                                        9:00 A. M.

                  Steve Parton (OIR)                                    LL-03, The Capitol

                  (850-413-4185)                                        Tallahassee, Florida

ITEM         SUBJECT                       RECOMMENDATION

1. Minutes of the Financial Services Commission, February 25, 2003.

 

(ATTACHMENT 1)                                        FOR APPROVAL

 

2. Minutes of the Financial Services Commission, March 25, 2003.

 

(ATTACHMENT 2)                                        FOR APPROVAL

 

3. Adoption of amendments to Rule Chapter 4-149, F.A.C., Small Employer Health Care Access.  Amendments: 1) provide rating standards to be used in the small employer group market;  2) relocate existing definitions to a definition section of the rule; 3) adopt updated form DI4-1507 to be used in making filings to the Office; and 4) allow exclusion of claims covered by workers' compensation and permits a rating factor based on the presence of workers' compensation coverage.

 

(ATTACHMENT 3)                                        FOR APPROVAL

 

4. Adoption of amendments to Rules 4-149.003 and .021; 4-156.011; 4-191.051; and 4-203.042, all implementing mandatory electronic filing of insurance rates and forms.

 

(ATTACHMENT 4)                                        FOR APPROVAL

 

5. Adoption of amendments to Rule Chapter 4-170, Property and Casualty Insurance Rating.  The rules are substantially rewritten to improve readability and conform to current agency practice.  The main substantive change is to require electronic filing of rate filings on July 1, 2003.

 

(ATTACHMENT 5)                                        FOR APPROVAL

 

6. Adoption of amendments to Rule 4-175.003, Motor Vehicle Insurance Ratemaking and Rate Filing Procedures.  This rule is revised to delete obsolete references and to reflect requirement of electronic filing of rate filings on July 1, 2003.

 

(ATTACHMENT 6)                                        FOR APPROVAL