Florida Administrative Code
69 - DEPARTMENT OF FINANCIAL SERVICES
69O - OIR - Insurance Regulation
Chapter 69O-188 - COMMERCIAL SELF-INSURANCE FUNDS
Section 69O-188.026 - Notice Requirement
If after reviewing any form filed pursuant to this part, the Office preliminarily determines that the numbers contained thereon are inaccurate or that justification for the numbers is necessary, it shall issue a notice to the fund requesting that a corrected form be filed or that additional information or justification be submitted to support the form. The notice shall specify those parts of the form which the Office believes to be inaccurate and the nature of the additional information or justification to be filed. The fund shall, within thirty (30) days from the date it receives the notice, file with the Office all information or data which it contends supports or justifies the form. If such information is not so filed, the Office may require the fund to immediately cease accepting any premiums for new (non-renewal) insurance coverage. While the corrected form or additional information or justification is under review by the Office, the sixty (60) day requirement in subsection 69O-188.024(1), F.A.C., shall not be applicable; however, should a determination be made that an assessment is in order, the fund shall levy the assessment within sixty (60) days of such notification by the Office.
Rulemaking Authority 624.308 FS. Law Implemented 624.307(1), 624.470, 624.474, 624.488 FS.
New 12-17-90, Formerly 4-78.026, 4-188.026.