Florida Regulations 69O-138.040: Purpose
Current as of: 2024 | Check for updates
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The purpose of this part is to prescribe:
(1) Requirements for statements of actuarial opinion that are to be submitted in accordance with subsection (3) of the Standard Valuation Law, and for supporting memoranda;
(2) Rules applicable to the appointment of an appointed actuary; and,
(3) Guidance as to the meaning of “”adequacy of reserves.””
Rulemaking Authority 624.308(1), 625.121(3)(a) FS. Law Implemented 624.307(1), 625.121(3), 632.627 FS. History-New 5-18-93, Amended 1-23-03, Formerly 4-138.040.
(1) Requirements for statements of actuarial opinion that are to be submitted in accordance with subsection (3) of the Standard Valuation Law, and for supporting memoranda;
(2) Rules applicable to the appointment of an appointed actuary; and,
(3) Guidance as to the meaning of “”adequacy of reserves.””
Rulemaking Authority 624.308(1), 625.121(3)(a) FS. Law Implemented 624.307(1), 625.121(3), 632.627 FS. History-New 5-18-93, Amended 1-23-03, Formerly 4-138.040.