Category: Florida Office of Insurance Regulation
Oct 9, 2008
A Rule hearing was held on Wednesday, October 8, 2008, regarding proposed changes to Rule number 69O-157.1155: Producer Training. The hearing was presided over by Gerry Smith from the Florida Office of Insurance Regulation. Proposed amendments to the Rule include …
Oct 8, 2008
The Florida Financial Services Commission, Office of Insurance Regulation (“OIR”), has issued a Notice of Proposed Rule Development regarding Rule 69O-175.008: Unfair Discrimination in Private Passenger Motor Vehicle Insurance Rates – Based on History of Accidents. A copy of the …
Oct 8, 2008
The Florida Office of Insurance Regulation (“OIR”) will hold a public rate hearing for Cincinnati Insurance Company and Cincinnati Indemnity Company on Friday, October 10, 2008 at 9:00 a.m. in Room 401 of the Senate Office Building, The Capitol, Tallahassee, …
Oct 2, 2008
The Florida Financial Services Commission, Office of Insurance Regulation, has issued a Notice of Proposed Rule Development regarding proposed Rules 69O-125.005, and .006: Use of Credit Reports and Credit Scores by Insurer. A copy of the Notice is attached for …
Oct 1, 2008
The Florida Office of Insurance Regulation had scheduled a Rule Development Hearing for the following Rules relating to Credit Life and Credit Disability Insurance: 69O-163.0075: Term and Evidence of Insurance69O-163.009: Determination of Reasonableness of Benefits in Relation to Premium Charge69O-163.011: …
Sep 30, 2008
In an Informational Memorandum issued today, September 30, 2008, the Florida Office of Insurance Regulation (“OIR”) advises property and casualty insurers that Florida laws governing public records exemptions for credit scoring methodologies will expire on October 2, 2008. At that …
Sep 29, 2008
In a previous administrative proceeding, various industry trade associations, including the Property Casualty Insurers Association of America, challenged a second proposed Rule promulgated by the Florida Office of Insurance Regulation (“OIR”) related to the use of credit reports and credit …
Sep 24, 2008
In the wake of the recent American International Group financial issues, Florida Insurance Commissioner Kevin McCarty released the following comments today, September 24, 2008, in response to recently circulated opinions that insurance regulation should be moved to the federal level. …
Sep 22, 2008
On Tuesday, September 22, 2008, the Florida Office of Insurance Regulation (“OIR”) had scheduled a Rule Development Workshop on proposed Rule 69O-197.006 relating to the Insurance Administrator Annual Report Form. The proposed Rule would adopt the annual report forms that insurance administrators …
Sep 19, 2008
The Florida Office of Insurance Regulation (“OIR”) has issued a Notice of Proposed Rulemaking regarding the following Rules: 69O-204.010, .020, .030, .040, .050: Viatical Settlement Providers Pursuant to Florida’s Viatical Settlement Act, the OIR regulates viatical settlement providers, companies that …