OIR Advances Holding Company System Rule Updates
The Florida Office of Insurance Regulation has proposed amendments to rule 69O-143.046 related to insurance holding company system filings. The proposed rule would adopt two new reporting forms– the “Group Capital Calculation 2024 Template” and the “NAIC Liquidity Stress Test Template.” The templates are based on NAIC models that have been adopted in most states and comprise part of the NAIC’s accreditation standards for state regulators.
Assuming the rule progresses toward adoption, the effective date is scheduled to be January 1, 2026.