Category: Florida Office of Insurance Regulation

At this morning’s Cabinet meeting, Florida Insurance Commissioner Kevin McCarty presented a report detailing information on new capital, companies and lines of business in Florida from January 1, 2006 to July 1, 2009.  To view the report, which had been …

  The Florida Department of Financial Services, Office of Insurance Regulation (“OIR”) held a workshop on August 6, 2009 regarding proposed Rule 690-236.001 that would create a standard report card for personal residential property insurers to be used by the Florida …

  The Florida Office of Insurance Regulation (“OIR”) has approved the elimination of some State Farm Florida homeowners insurance discounts as requested by the company in its recent rate filing.  The overall premium impact of the approved changes to the …

  The Florida Department of Financial Services, Division of Workers’ Compensation (“Division”) held a hearing on August 5, 2009 regarding proposed Rules that would amend Chapter 69L-24, F.A.C. entitled “Workers’ Compensation Insurers’ Standards and Practices.”  Existing Rules would be repealed and …

The Florida Office of Insurance Regulation (“OIR”) will hold a “media availability” today, August 6, at 12:15 p.m., at which OIR representatives will be available to answer media questions about State Farm Florida’s recent rate filing that would modify or …

The Florida Office of Insurance Regulation (“OIR”) has scheduled a public rate hearing for Citizens Property Insurance Corporation (“Citizens”) on Tuesday, August 25, 2009.   Citizens has requested rate increases for its Florida homeowners, dwelling, fire and commercial residential multi-peril insurance …

Florida Insurance Commissioner Kevin McCarty was the recent featured guest on Florida Face-to-Face, a statewide broadcast weekly talk show on the Florida Channel in which government officials are interviewed.  This week’s discussion with Commissioner McCarty included an update on successful 2009 insurance-related legislation, …

The Florida Office of Insurance Regulation has issued a Notice of Rulemaking Development regarding Rule 69O-170.0155, entitled “Forms.” Because the My Safe Florida Home program has concluded and is no longer offering free home inspections or mitigation grants, the proposed …

Correction:  Please note that the rate filing submitted by State Farm Florida Insurance Company to the Florida Office of Insurance Regulation on July 24 is “file and use.”   In a “file and use” rate filing submitted to the Florida …

Florida Insurance Commissioner Kevin McCarty and Georgia Insurance Commissioner John Oxendine announced the renewal of a partnership agreement today, July 24, that will ensure the continuity of their states’ insurance regulatory functions in the event of a natural disaster.  This action revises …