Category: Florida Office of Insurance Regulation
May 16, 2008
UPDATE: Please note the corrected hyperlink to the Allstate stay of suspension Order. Florida Insurance Commissioner Kevin McCarty today, May 16, 2008, announced that he has ordered a stay of the suspension of the Allstate Companies’ licenses to sell new …
May 14, 2008
Update: Florida Governor Charlie Crist issued the following statement regarding the reinstatement of the Allstate Companies’ Florida suspension: “Floridians across our state have suffered due to the high cost of insurance. I applaud today’s action by the 1st District Court of Appeal regarding …
May 14, 2008
The Florida Office of Insurance Regulation (“OIR”) cancelled a scheduled Rule hearing regarding forms for limited health service organizations on Tuesday, May 13, 2008, because no hearing was requested. Rule 69O-203.070: Annual and Quarterly Reports; Forms will be amended to …
May 14, 2008
The First District Court of Appeal has issued an Opinion and Order dated Wednesday, May 14, 2008, denying Allstate Insurance Company’s motion for a rehearing regarding the Florida Office of Insurance Regulation’s suspension of its Certificate of Authority to write …
May 8, 2008
The Florida Office of Insurance Regulation (“OIR”) today, May 8, 2008, issued an Order to Show Cause (“Order”) to two life insurance companies related to their solicitation of business from U.S. military personnel. The OIR press release regarding the Order …
May 7, 2008
We have been advised that a significant number of Florida domestic and foreign homeowners insurers have received a Request for Reinsurance Information 2008-2009 from the Florida Office of Insurance Regulation (“OIR”). It is not unusual for the OIR to request information …
May 2, 2008
Florida Insurance Commissioner Kevin McCarty released the following statement today, May 2, 2008, regarding House and Senate passage of Annuities Bill. Â Â Should you have any questions or comments, please do not hesitate to contact this office. Â Statement …
May 1, 2008
Florida Insurance Commissioner Kevin McCarty today released a statement regarding the House version of SB 2860, the “Homeowners’ Bill of Rights.” A copy of Commissioner McCarty’s statement is reprinted below. Should you have any questions or comments, please do not …
Apr 30, 2008
The Florida Office of Insurance Regulation (“OIRâ€) held a hearing on April 29, 2008, to discuss Proposed Rule 69O-144.007 regarding Credit for Reinsurance from Eligible Reinsurers. To view a copy of the hearing notice and Proposed Rule text, click here. …
Apr 29, 2008
The Florida Office of Insurance Regulation (“OIR”) held a public hearing today, April 29, 2008, soliciting input on a draft rule that would implement 2007 legislation giving Florida’s insurance commissioner discretion to allow unaccredited reinsurance companies to conduct business in Florida without having to …