FL H0939

Eliminates "use and file" and "file and use" procedures for insurance rate filings, replacing them with a single "file and use" requirement where all filings must be made at least 90 days before the proposed effective date.

Removes the authority for insurers to implement rates during the office's review period; rates may not be implemented until the office completes its 90-day review and issues a notice of intent to approve or disapprove.

Deletes provisions allowing property insurance rate increases above previously approved rates to use alternative filing procedures (provisions that were previously limited to January 25, 2007 through December 31, 2010).

Changes joint underwriters and reinsurers rate filing requirements from 30 calendar days after the effective date to at least 60 calendar days before the effective date, and removes the "use and file" designation for these filings.

Takes effect January 1, 2011.