Fla. Admin. Code Ann. R. 69O-136.015 - Corporate Amendment Procedure to Amend an Existing Certificate of Authority
(1) This rule
applies to all authorized insurers, as defined in section
624.09, F.S.
(2) Any insurer seeking to add or delete a
line of insurance on an existing certificate of authority, file a name change,
redomesticate (between foreign jurisdictions only), change its statutory home
office address, merge two or more foreign insurers, file a change of control of
a foreign insurer, amend its articles of incorporation, amend its bylaws,
change its address or contact notification, or amend its Service of Process
shall comply with the directions on, or otherwise submit, the following
applicable forms:
(a) Form OIR-C1-0508,
"Uniform Certificate of Authority Application (UCAA) Affidavit of Lost
Certificate of Authority," incorporated by reference in Rule
69O-136.100, F.A.C.;
(b) Form OIR-C1-0510, "Uniform Certificate of
Authority Application (UCAA) Corporate Amendments Application Application to
Amend Certificate of Authority," incorporated by reference in Rule
69O-136.100, F.A.C.;
(c) Form OIR-C1-0511, "Uniform Certificate of
Authority Application (UCAA) Corporate Amendments Application Checklist for
Corporate Amendments Application Only," incorporated by reference in Rule
69O-136.100, F.A.C.;
(d) Form OIR-C1-0512, "Uniform Certificate of
Authority Application Questionnaire for Adding or Deleting Lines of Business to
an Existing Certificate of Authority," incorporated by reference in Rule
69O-136.100, F.A.C.;
(e) Form OIR-C1-0522, "Uniform Certificate of
Application (UCAA) Change of Mailing Address/Contact Notification Form,"
incorporated by reference in Rule
69O-136.100, F.A.C.;
(f) Form OIR-B2-1093, "Small Employer
Carrier's Application to Become a Risk Assuming Carrier or a Reinsuring
Carrier, as Required by Section
627.6699(9),
Florida Statutes," incorporated by reference in Rule
69O-136.100, F.A.C.;
(g) Form OIR-C1-1416, "Uniform Certificate of
Authority Application (UCAA) Lines of Insurance," incorporated by reference in
Rule 69O-136.100, F.A.C.;
and
(h) Form OIR-C1-1524, "Uniform
Certificate of Authority Application (UCAA) Uniform Consent to Service of
Process," incorporated by reference in Rule
69O-136.100, F.A.C.
(3) Since the addition of any new
line of business to a company's certificate of authority may impact the
company's surplus and/or writing ratios, any such request to amend an existing
certificate will be carefully evaluated by applying current standards required
of an insurer seeking a certificate of authority from this state. The Office
shall not authorize the addition of any lines of insurance to an insurer's
existing certificate of authority unless evidence is presented satisfactory to
the Office that authorization of the additional lines of insurance would be in
the best interests of the financial solvency of the insurer and in the best
interests of the policyholders.
(4)
All the forms listed in subsection (2) may be obtained from the Office's
website at http://www.floir.com and shall be submitted electronically via the
Office's iApply system at https://www.floir.com/iportal.
Notes
Rulemaking Authority 624.308(1) FS. Law Implemented 624.09, 624.307(1), 624.404, 624.408, 624.413, 624.414, 624.416(4), 624.501(20), 624.610(11), 627.6488(1) FS.
New 3-30-92, Amended 9-2-96, Amended 9-19-00, 11-18-02, Formerly 4-136.015, Amended 1-7-24.
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