Florida Administrative Code
69 - DEPARTMENT OF FINANCIAL SERVICES
69O - OIR - Insurance Regulation
Chapter 69O-186 - TITLE INSURANCE RATES
Section 69O-186.014 - Title Insurance Statistical Gathering-Title Insurance Underwriters

Universal Citation: FL Admin Code R 69O-186.014

Current through Reg. 50, No. 187; September 24, 2024

(1) The following forms are hereby incorporated by reference and may be obtained from the Office's web site located at http://www.floir.com/iportal:

(a) Form OIR-D0-2115 "Title Insurance Underwriter's Data Call - Part I," effective 7/23, which is available at http://www.flrules.org/Gateway/reference.asp?No=Ref-16049;

(b) Form OIR-D0-0050 "Title Insurance Underwriter's Data Call - Part II," effective 7/23, which is available at http://www.flrules.org/Gateway/reference.asp?No=Ref-16050; and

(c) Form OIR-D0-0051 "Title Insurance Underwriter's Data Call - Part III Schedule P - Part 1 Summary," effective 7/23, which is available at http://www.flrules.org/Gateway/reference.asp?No=Ref-16051.

(2) By the May 31st of each year, title insurance underwriters must electronically submit statistical data to the Office. The submittal shall be accomplished by electronically completing Forms OIR-D0-2115, OIR-D0-0050, and OIR-D0-0051.

(3) Forms OIR-D0-2115, OIR-D0-0050, and OIR-D0-0051 shall be completed by title insurance underwriters in accordance with the instructions for each submittal year. The submittal shall, in addition to the data for the current year, include an affidavit re-certifying the accuracy and completeness of the prior four years' data. If significant changes have been discovered in the data submitted in any of the four prior years, a corrected submittal shall be made for that year.

Pursuant to Section 627.782, F.S., the statistical data is collected for the purposes of analyzing premium rates, retention rates, and the condition of the title insurance industry.

(4) All submittals shall be submitted to the Office's Insurance Regulatory Filing System (IRFS) at https://irfs.fldfs.com, as a data filing. A filing shall be considered received by the Office when its arrival in the Office is shown electronically to be on business days between the hours of 8:00 a.m. and 5:00 p.m. eastern standard time. Filings received after 5:00 p.m. shall be considered to be received the next business day.

Rulemaking Authority 624.308, 627.782, 627.798, FS. Law Implemented 624.307(1), 624.424, 627.782 FS.

New 1-19-14, Amended 12-19-23.

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