Category: Florida Office of Insurance Regulation
Nov 1, 2008
The Florida Senate Banking and Insurance Committee has published an Interim Project Report entitled “Options for Reorganizing the Department of Financial Services and the Financial Services Commission.” The Financial Services Commission (“FSC”) and the Office of Financial Regulation (“OFR”) are responsible …
Oct 30, 2008
On Wednesday, October 29, 2008, the Florida Office of Insurance Regulation (“OIR”) held a public hearing regarding on the following proposed Rules that would administer the Viatical Settlement Act as provided by law: 69O-204.010: Purpose and Scope69O-204.020: Definitions69O-204.030: Forms Incorporated …
Oct 29, 2008
The Florida Financial Services Commission, Office of Insurance Regulation (“OIR”) , will issue a formal Notice of Proposed Rulemaking regarding the following Rule in the October 31, 2008, edition of the Florida Administrative Weekly: 69O-197.006: Insurance Administrator Annual Report Form …
Oct 29, 2008
The Florida Office of Insurance Regulation (“OIR”) issued a Final Order today, October 29, 2008, approving the National Council on Compensation Insurance’s amended rate filing for workers’ compensation insurance rates that will become effective Jan. 1. However, the rate decrease …
Oct 27, 2008
Florida Insurance Commissioner Kevin McCarty announced the appointment of John McBride as Legislative Affairs Director of the Florida Office of Insurance Regulation (“OIR”) today, October 27, 2008. Mr. McBride will report to Chief of Staff Audrey Brown. The OIR press …
Oct 27, 2008
The Florida Office of Insurance Regulation (“OIR”) held a Rule Development Workshop today, October 27, 2008, on Rule 69O-125.005 and proposed Rule 69O-125.006 relating to the use of credit reports or credit scores by insurers. These Rules are intended to …
Oct 24, 2008
The Florida Office of Insurance Regulation issued further comments today, October 24, 2008, from Insurance Commissioner Kevin McCarty on yesterday’s Florida Supreme Court decision regarding attorneys’ fees in workers’ compensation cases. McCarty said: “Florida employers have realized a tremendous savings …
Oct 20, 2008
The Florida Office of Insurance Regulation (“OIR”) today, October 20, 2008, issued an Informational Memorandum to all property and casualty insurers authorized to write residential condominium unit-owner policies in the State of Florida regarding changes to Florida law resulting from …
Oct 15, 2008
On Tuesday, October 14, 2008, the Developmental Disabilities Compact Workgroup (“Workgroup”) met to discuss coverage and benefits health insurers would be able to offer the developmentally disabled. Public testimony was taken regarding the benefits of insurance coverage for the developmentally …
Oct 10, 2008
On Friday, October 10, 2008, a representative from Colodny Fass attended a public rate hearing on the rate increases requested by Cincinnati Insurance Company and Cincinnati Indemnity Company (the Cincinnati Companies) in Tallahassee, Florida. The Cincinnati Companies are the third …