Category: Florida Office of Insurance Regulation

Rule 69J-166.031 relating to Mediation of Residential Property Insurance Claims implementing Florida law that mandates the creation of a property insurance claim resolution procedure as an alternate to “a potentially expensive and time-consuming adversarial appraisal process prior to litigation” is …

In response to a joint motion filed by State Farm Florida and the Florida Office of Insurance Regulation, the Florida Division of Administrative Hearings has rescheduled the October 12 and 13 final hearing regarding State Farm’s proposed Florida property insurance …

The Florida Office of Insurance Regulation (“OIR”) announced today, September 24, that it has signed an information-sharing agreement with its Bermuda counterpart, the Bermuda Monetary Authority, that will serve to coordinate insurance regulatory oversight issues affecting consumers in both Bermuda …

The Florida Department of Financial Services has negotiated a transition plan for the policyholders of First Commercial Insurance Company and First Commercial Transportation and Property Insurance Company after both were ordered into liquidation by Leon County Circuit Court on August 24, …

A Florida Office of Insurance Regulation (“OIR”) Rule that implements a portion of Florida law mandating the creation of a property insurance claim resolution procedure as an alternate to “a potentially expensive and time-consuming adversarial appraisal process prior to litigation” …

An August 25, 2009 Hearing scheduled by the Florida Office of Insurance Regulation regarding proposed Rule 69O-156.020, entitled “Prohibition Against Use of Genetic Information and Requests for Genetic Testing” was not held because it was not requested by any member …

Proposed revisions to two statutory forms related to insurance credit for property mitigation were reviewed at a two-hour workshop held on August 18, 2009 by the Florida Office of Insurance Regulation (“OIR”). To view the meeting notice, click here. Form …

The Florida Office of Insurance Regulation (“OIR”) held a Rule Development Workshop on August 20, 2009 regarding proposed Rule 690-170.0144, entitled “Public Hurricane Loss Projection Model Fee Schedule.”   OIR Attorney Laura Parsons presided over the Workshop and provided brief opening …

The Florida Department of Financial Services, Office of Insurance Regulation (“OIR”) has scheduled the following hearings regarding proposed Rules for insurer reporting requirements and financial examinations (click on the hyperlinks to access the complete Rule text and other information):   …

The Florida Office of Insurance Regulation announced today, August 12, 2009, that it has entered into a consent agreement with the Hartford Financial Services Group to effect the insurer’s issuance of refunds or credits of $48.2 million to Florida businesses for excess …