Category: Florida Office of Insurance Regulation
Jul 26, 2011
The following press release was issued by the Florida Office of Insurance Regulation on July 26, 2011: The Office Announces Re-Launch of Popular Homeowners’ Rate Comparison Site TALLAHASSEE, Fla. – The Florida Office of Insurance Regulation today announced …
Jul 21, 2011
Today, July 21, 2011, the Florida Office of Insurance Regulation (“OIR”) held a public hearing on the merger and acquisition of FPIC Insurance Group, Inc. (“FPIC”), the holding company of First Professionals Insurance Company, Inc. and Anesthesiologists Profession Assurance …
Jul 19, 2011
Today, July 19, 2011, the Florida Office of Insurance Regulation (“OIR”) held a public hearing on rate increase requests filed by Castle Key Insurance Company and Castle Key Indemnity (“Castle Key”) that average 31.2 percent and 35.7 percent, respectively. …
Jul 6, 2011
Pursuant to the enactment of CS/CS/CS/SB 408, the Florida Office of Insurance Regulation (“OIR”) issued a July 1, 2011 Informational Memorandum (OIR-11-O5M) advising all residential property insurers in the State of Florida of changes to the minimum surplus requirements. …
Jul 6, 2011
An audio file and interested party comments from the June 20, 2011 Florida Office of Insurance Regulation (“OIR”) public Rule hearing on Form OIR-B1-1802, also known as the “Uniform Mitigation Verification Inspection Form,” are now available. The purpose of the hearing …
Jun 21, 2011
The Florida Office of Insurance Regulation (“OIR”) met yesterday, June 20, 2011, for a Rule hearing on proposed Rule 69O-170.0155, specifically in regard to Form OIR-B1-1802, also known as the “Uniform Mitigation Verification Inspection Form (‘Form’)” The purpose of …
Jun 16, 2011
The Florida Office if Insurance Regulation (“OIR”) held a public rate hearing today, June 16, 2011, to review an overall statewide rate increase request of 25.3 percent from Hartford Insurance Company of the Midwest (“Hartford”) for its homeowners line …
Jun 16, 2011
The Florida Office of Insurance Regulation (“OIR”) announced today, June 16, 2011, that the State has joined the Nonadmitted Insurance Multi-State Agreement (“NIMA”). NIMA will allow participating states to consolidate the collection, allocation and reporting of premium taxes for …
Jun 8, 2011
A final administrative hearing has been rescheduled for September 12, 2011 to determine whether Guarantee Trust Group Life Insurance Company (“Guarantee”) is subject to Section 627.6675, F.S., known as Florida’s “conversion statute,” which requires that holders of certain medical …
Jun 7, 2011
In a June 2, 2011 order involving the Florida Office of Insurance Regulation’s (“OIR”) revocation of the Certificate of the Authority for Lillian Assurance Group (“Lillian”), a Florida domestic property and casualty insurer, the Florida Division of Administrative Hearings …