627.101 When filing becomes
effective; workers' compensation and employer's liability
insurances. ---
(1) The department shall review filings as to workers'
compensation and employer's liability insurances as soon as
reasonably possible after they have been made in order to determine
whether they meet the applicable requirements of this part. If
the department determines that part of a rate filing does not meet
the applicable requirements of this part, it may reject so much of
the filing as does not meet these requirements, and approve the
remainder of the filing.
(2) The department shall specifically approve the
filing before it becomes effective, unless the department has
concluded it to be in the public interest to hold a public hearing
to determine whether the filing meets the requirements of this
chapter and has given notice of such hearing to the insurer or
rating organization that made the filing, and in which case the
effectiveness of the filing shall be subject to the further order
of the department made as provided in s. 627.111. If the
department specifically disapproves the filing, the provisions of
subsection (4) shall apply.
(3) An insurer or rating organization may, at the time
it makes a filing with the department, request a public hearing
thereon. In such event, the department shall give notice of the
hearing.
(4) If the department disapproves a filing, it shall
promptly give notice of such disapproval to the insurer or rating
organization that made the filing, stating the respects in which it
finds that the filing does not meet the requirements of this
chapter. If the department approves a filing, it shall give prompt
notice thereof to the insurer or rating organization that made the
filing, and in which case the filing shall become effective upon
such approval or upon such subsequent date as may be satisfactory
to the department and the insurer or rating organization that made
the filing.
History: s. 420, ch. 59-205; s. 6, ch. 67-9; ss. 13, 35, ch. 69-106;
s. 3, ch. 76-168; s. 1, ch. 77-457; s. 21, ch. 78-95; s. 22, ch.
78-300; s. 99, ch. 79-40; ss. 2, 3, ch. 81-318; ss. 357, 806, ch.
82-243; s. 49, ch. 82-386; ss. 9, 10, ch. 87-124; s. 4, ch. 91-429;
s. 2, ch. 93-289.
