Thursday, May 15, 2008

Florida OIR to Host Rate and Filing Symposium

The Florida Office of Insurance Regulation (Office) will host a Filing & Compliance Symposium May 22 and 23 at the Rosen Centre Hotel in Orlando, Fla.

Geared toward insurance company personnel charged with making form and rate filings to the Office, the two-day event will teach participants how to make their filings more accurate and complete.

Specifically, the symposium will inform industry compliance staff about technical compliance with laws and rules surrounding rate and form filings and the electronic filing systems used for these filings. Both Life & Health and Property & Casualty staff will learn how to make form and rate filings that can be approved easier and faster. The symposium also will discuss new markets and common questions about Florida regulations and the changes made by the Florida Legislature during the 2008 session.

“The symposium will afford company representatives the opportunity to hear firsthand from Office staff how to prepare complete and substantial filings that meet Florida law,” said Florida Insurance Commissioner Kevin McCarty. “The filing process is critical to companies being able to facilitate their products to market, so I encourage as many companies and their staff members as possible to attend.”

The Office is expecting participants from 200 companies and 35 states that will include company compliance staff members, actuaries, lawyers and consultants. The program has been provided to industry representatives since 1996.

Company representatives who would like to participate in the symposium should contact the Office at 850-413-3140 to register. Registration also will be conducted on site.

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