Category: Florida Office of Insurance Regulation
Mar 24, 2009
Above: Florida Insurance Commissioner Kevin McCarty Florida Insurance Commissioner Kevin McCarty has been named “Regulator of the Year” by the LexisNexis Insurance Law Center’s Advisory Board. A press release from the Florida Office of Insurance Regulation about Commissioner McCarty’s …
Mar 18, 2009
The Florida Office of Insurance Regulation (“OIR”) and People’s Trust Insurance Company have entered into a Consent Order that requires the insurer to stop writing new policies until it complies with provisions of the OIR order. To view March 5, 2009 information …
Mar 6, 2009
In response to receiving conditional Florida Office of Insurance Regulation (“OIR”) approval of its plan to withdraw all property insurance business statewide, State Farm Florida Insurance Company and State Farm Florida Mutual Automobile Insurance Company (“State Farm”) filed a petition today, …
Mar 5, 2009
Pursuant to February, 2009 Florida Office of Insurance Regulation (“OIR”) correspondence to the Florida Joint Administrative Procedures Committee (“JAPC”), a Notice of Change has been issued today, March 5, 2009, regarding additional revisions to proposed Rule 690-138.005 “Examination of Insurers.” To view the …
Mar 2, 2009
Today, the Florida Office of Insurance Regulation (“OIR”) submitted its third annual “Freedom to Travel” report, which documents instances during 2009 under which applicants were denied life insurance, refused continuance, or had coverage limited based on future travel plans. It also outlines the number …
Feb 26, 2009
On Thursday, February 26, 2009, the Florida Office of Insurance Regulation (“OIR”) held a Rule Development Workshop on proposed Rule 69N-121.066 “Informal Conferences.” To view the meeting notice and complete proposed Rule text, click here. The proposed Rule, which pertains to …
Feb 25, 2009
On Wednesday February 25, 2009, the Florida Office of Insurance Regulation (“OIR”) held a Proposed Rule Hearing on Rule 69O-175.008, F.A.C. Unfair Discrimination in Private Passenger Motor Vehicle Insurance Rates–Based on History of Accidents, which specifically affects Florida law stating …
Feb 23, 2009
The Florida Office of Insurance Regulation (“OIR”) issued an informational memorandum on Friday, February 20, 2009 to all residential property insurers operating in the State of Florida that details recent changes to the electronic filing process for Quarterly Supplemental Reports …
Feb 20, 2009
On Wednesday February 18, 2009 the Florida Office of Insurance Regulation (“OIR”) held a public hearing on the use of credit reports by insurers in determining rates/premiums, and, more specifically, whether the use of this information leads to discriminatory pricing …
Feb 17, 2009
Today, February 17, 2009, the Florida Office of Insurance Regulation (“OIR”) held a Rule Development Workshop on proposed Rule 690-125.005 entitled “Use of Credit Reports and Credit Scores by Insurers.” To view the meeting notice, click here. OIR Assistant General …