1. (1) Any small employer carrier seeking to change the election made by the carrier under Section 627.6699(9)(a), F.S., to become either a risk-assuming carrier or a reinsuring carrier shall request a change of status, pursuant to paragraph 69O-149.044(2)(b), F.A.C., on Form OIR-B2-1095, State of Florida/Small Employer Carrier’s Application to Modify Previous Election to Become a Risk Assuming or a Reinsuring Carrier, As Required by Section 627.6699(9), F.S., adopted in Rule 69O-149.044, F.A.C.
2. (2) Within 60 days after the form and its attached information is filed with the Office, the Office will hold a hearing on the request. Within 30 days after the conclusion of the hearing and the submission of any post-hearing documentation or argument, the Office will approve or disapprove the request, based on the criteria in Section 627.6699(10)(b), F.S.
3. (3) The filing shall be submitted to the Office electronically through http://www.floir.com/iportal.

Rulemaking Authority 627.6699(9)(b), (17) FS. Law Implemented 624.424, 627.6699(9), (10), (11) FS. History–New 3-1-93, Amended 11-7-93, 8-4-02, Formerly 4-149.040, Amended 7-30-17.