Category: Florida Office of Insurance Regulation
May 4, 2010
A live Webcast is available for the Florida Office of Insurance Regulation (“OIR”) joint public hearing today, May 4, 2010, with the Florida Health Insurance Advisory Board on the implementation of federal health care and its potential impact on …
May 3, 2010
Florida Insurance Commissioner Kevin McCarty released his response today, May 3, 2010, to an April 23, 2010 letter from Florida Chief Financial Officer Alex Sink in which she inquired whether any additional actions may be necessary by the Florida Office …
Apr 29, 2010
The Florida Office of Insurance Regulation issued an Order today, April 29, 2010, levying an emergency assessment of 1.30 percent of direct written premium on all property and casualty lines of business. Excluded from the assessment are workers’ compensation, …
Apr 29, 2010
The Florida Office of Insurance Regulation issued an Order today, April 29, 2010, levying an emergency assessment of 1.30 percent of direct written premium on all property and casualty lines of business. Excluded from the assessment are workers’ compensation, …
Apr 28, 2010
In a press release issued today, April 28, 2010, the Florida Office of Insurance Regulation (“OIR”) announced Castle Key Insurance Companies’ (“the Companies”) intention to write more than 50,000 new policies of new business during 2010 and 2011. Subject to …
Apr 23, 2010
A Florida Office of Insurance Regulation Hearing scheduled for this morning, April 23, 2010 on proposed Rule 69O-137.002 relating to Annual Audited Financial Reports was not requested and therefore not held. The proposed Rule would adopt the National Association of …
Apr 21, 2010
The Florida Office of Insurance Regulation issued an Informational Bulletin to Florida Residential Property Insurers advising that the “Uniform Mitigation Verification Inspection Form” (Form OIR-B1-1802) and the “Notice of Premium Discounts for Hurricane Loss Mitigation” (Form OIR-B1-1655) have been …
Apr 16, 2010
Florida Insurance Commissioner Kevin McCarty announced on April 16, 2010, that the Florida Office of Insurance Regulation (“OIR”) will hold a joint public hearing with the Florida Health Insurance Advisory Board (“FHIAB”) on Tuesday, May 4, 2010 from 4:00 p.m. to 7:00 p.m. …
Apr 12, 2010
In an Informational Bulletin issued today, April 12, 2010, the Florida Office of Insurance Regulation (“OIR”) urged property insurers to carefully analyze their reinsurance and risk transfer programs. The OIR noted that, while it is not requiring the purchase …
Apr 9, 2010
In an opinion-style article published today, April 9, 2010, Florida Insurance Commissioner Kevin McCarty proposed “a more measured approach” to address Florida insurance market challenges that includes focusing on underlying problems, such as the cost-drivers he mentioned recently in …