Category: Florida Office of Insurance Regulation
Sep 14, 2016
The Florida Office of Insurance Regulation advised today, September 14, 2016, that it has released an actuarial study written by Pinnacle Actuarial Resources, Inc. (“Pinnacle”) that estimates the effect of cost savings realized by insurance companies writing Personal Injury …
Sep 8, 2016
The Florida Office of Insurance Regulation (“OIR”) and the Department of Financial Services (“DFS”) advised today, September 8, 2016, that they have been made aware of a scam involving the unauthorized use of Florida Insurance Commissioner David Altmaier’s name …
Jun 10, 2016
THE NEWS SERVICE OF FLORIDA published the following interview with outgoing Florida Insurance Commissioner Kevin McCarty today, June 10, 2016: NEWS SERVICE OF FLORIDA HAS: FIVE QUESTIONS FOR KEVIN MCCARTYBy JIM TURNERTHE NEWS SERVICE OF FLORIDA THE CAPITAL, TALLAHASSEE, …
Jun 7, 2016
The Florida Office of Insurance Regulation published its annual 2015 underwriting profit and contingency factors established for use in rate filings as Informational Memorandum OIR-16-04M today, June 7, 2016. The Memorandum was accompanied by a June 2 Order, which …
May 25, 2016
The comment period is open until May 31, 2016 for proposed amendments to Rule 69O-137.001, entitled “Annual and Quarterly Reporting Requirements,” and Rule 69O-138.001 “NAIC Financial Condition Examiners Handbook Adopted,” after which the Florida Office of Insurance Regulation (“OIR”) will schedule a …
May 23, 2016
The Florida Office of Insurance Regulation (“OIR”) advised today, May 23, 2016, that it has filed a Notice of Appeal in a Second Judicial Circuit Court case involving State Farm Florida Insurance Company and the question of whether insurance …
May 17, 2016
Recently adopted by the Florida Office of Insurance Regulation, the following Rules relating to insurance holding companies become effective on May 31, 2016: 69O-143.046 Registration of Insurers 69O-143.047 Standards 69O-143.056 Acquisition of Controlling Stock The new Rules implement recent …
Apr 29, 2016
With a unanimous vote of the Florida Cabinet, Florida Office of Insurance Regulation Deputy Commissioner for Property & Casualty David Altmaier has been named as Florida’s new Insurance Commissioner. The Cabinet also voted to allow outgoing Insurance Commissioner Kevin McCarty to …
Apr 29, 2016
Florida insurance regulators David Altmaier, Rich Robleto and Eric Johnson will be interviewed by the Florida Cabinet for the position of Florida Insurance Commissioner at 9 a.m. (ET) this morning, April 29, 2016. Cabinet members who will not be …
Apr 26, 2016
The Florida Office of Insurance Regulation (“OIR”) recently indicated that private insurance carriers could adopt the same language that had recently been approved for Citizens Property Insurance Corporation (“Citizens”) in regard to addressing claims challenges presented by assignment of …