Category: Florida Office of Insurance Regulation
Aug 29, 2008
On August 28, 2008, the Florida Office of Insurance Regulation (“OIR”) held a public hearing on various arrangements referred to as Stranger-Owned Life Insurance, Stranger-Oriented Life Insurance, Stranger-Originated Life Insurance and Speculation-Initiated Life Insurance commonly referred to as “STOLIs.” To …
Aug 26, 2008
The Florida Office of Insurance Regulation (“OIR”) will hold an August 28, 2008 informational hearing on business arrangements known as Stranger Owned Life Insurance, Stranger-Oriented Life Insurance, Stranger Originated Life Insurance or Speculator Initiated Life Insurance (“STOLI”). The hearing, which …
Aug 25, 2008
The Florida Office of Insurance Regulation (“OIR”) today, August 25, 2008, issued a Notice of Intent to Disapprove the July 16 rate filing submitted by State Farm Florida. To view the Notice, click here. State Farm’s nine percent rate reduction became effective …
Aug 22, 2008
The Florida Department of Financial Services, Office of Insurance Regulation (“OIR”) has issued a Notice of Development of Rulemaking regarding the following Rules: 69O-163.0075: Term and Evidence of Insurance 69O-163.009: Determination of Reasonableness of Benefits in Relation to Premium Charge …
Aug 22, 2008
The Florida Department of Financial Services, Office of Insurance Regulation (“OIR”) has issued a Notice of Development of Rulemaking regarding the following Rule: 69O-197.006: Insurance Administrator Annual Report The purpose of this proposed Rule is to adopt a form that …
Aug 21, 2008
The Florida Office of Insurance Regulation (“OIR”) will publish the following Notice of Proposed Rulemaking in the August 29 issue of the Florida Administrative Weekly. An advance copy of the Notice and full text of the proposed Rule is attached …
Aug 21, 2008
The Florida Office of Insurance Regulation has issued a media advisory following this morning’s memorandum to insurers regarding Tropical Storm Fay and hurricane deductibles. Commissioner McCarty’s press release is below. Should you have any questions or comments, please do not …
Aug 21, 2008
The Florida Office of Insurance Regulation issued an Informational Memorandum to residential property insurers today, August 21, 2008 as a reminder that Tropical Storm Fay has not been declared a hurricane by the National Hurricane Center of the National Weather Service. …
Aug 19, 2008
Florida Insurance Commissioner Kevin McCarty issued two emergency orders today, August 19, 2008, to facilitate certain health insurance issues of those who may need to evacuate their homes as a result of Tropical Storm Fay. Both orders are accessible via …
Aug 15, 2008
Florida Insurance Commissioner Kevin McCarty today, August 15, 2008, announced that the Office of Insurance Regulation (“OIR”) has reached a limited agreement with the Allstate Companies. To view the agreement, click here. The OIR press release is below. Should you …