Section 69H-1.002 - Premium Assessments(1) Premium assessments shall be paid within thirty days from date of invoice/billing, or coverage may be suspended by reasonable notice.(2) In the event budgeted funds are not adequate to pay all claims for the current budget year, the Division of Risk Management may submit an interim premium assessment to the agency during the fiscal year in which the deficit occurs and the additional charge will be payable on receipt of invoice.(3) Within 30 days of notification by the Division of Risk Management, agencies and universities shall make annual property value updates through the Division of Risk Management Insurance Management System at https://live.origamirisk.com/.Fla. Admin. Code Ann. R. 69H-1.002
Rulemaking Authority 284.17 FS. Law Implemented 284.01 FS.
New 7-29-72, Formerly 4-29.02, 4-29.002, Amended 1-7-92, 12-27-95, Formerly 4H-1.002, Amended by Florida Register Volume 49, Number 129, July 5, 2023 effective 7/18/2023.New 7-29-72, Formerly 4-29.02, 4-29.002, Amended 1-7-92, 12-27-95, Formerly 4H-1.002, Amended 7-18-23.