Category: Florida Office of Insurance Regulation

On March 11, 2008, Florida Insurance Commissioner McCarty issued Order 94539-08 (the “Order”) which contained various new requirements with respect to Citizens Property Insurance Corporation’s (“Citizens”) takeout programs, including the requirement that policyholders be notified that their policy was selected …

The Florida Office of Insurance Regulation (“OIR”) has issued the information below regarding the promotion of Jim Bennett to OIR Director of Market Investigations. Please do not hesitate to contact this office should you have any comments or questions.   Florida Insurance Commissioner …

Florida Insurance Commissioner Kevin McCarty issued a statement today, March 25, 2008 regarding this morning’s passage of SB 2860 Relating to Insurance by the Senate Banking and Insurance Committee. A copy of Commissioner McCarty’s statement is reprinted below.   Should …

Citizens Property Insurance Corporation (“Citizens”) has issued an assumption calendar for the depopulation of its commercial residential multi-peril account. Based on the recent Order issued by the Florida Office of Insurance Regulation (“OIR”) pertaining to the takeout program, Citizens has …

On Thursday, March 20, 2008, the Florida Office of Insurance Regulation scheduled a hearing on Proposed Rule 690-167.004 entitled “Required Preinsurance Inspection of Private Passenger Motor Vehicles.”  The hearing was scheduled to provide an opportunity for public testimony regarding amendments …

In conjunction with the March 11, 2008 Order issued by the Florida Office of Insurance Regulation (“OIR”) concerning the Citizens Property Insurance Corporation(“Citizens”) depopulation program, Citizens has released a revised Assumption Calendar for the remainder of 2008.  To view a copy of …

The Florida Office of Insurance Regulation scheduled two Rule hearings for Tuesday, March 18, 2008 regarding My Safe Florida Home (“MSFH”). However, the hearings were not held because no interested parties requested them. To access the meeting notice and full …

The Florida Office of Insurance Regulation has issued the news release below regarding an Order approving Citizens Property Insurance Corporation’s (“Citizens”) take-out plans for the year and requiring Citizens to notify policyholders whose agents have refused to allow their policies to be removed …

The Florida Office of Insurance Regulation (“OIR”) has announced the following staff changes: Rebecca McCarley has been appointed deputy chief of staff Chris Bailey has been promoted to acting director of governmental relations Monte Stevens has been appointed acting cabinet …

The Florida Office of Insurance Regulation (“OIR”) has announced its Annual Filing and Compliance Symposium (“Symposium”), scheduled for May 22-23, 2008 at the Rosen Centre Hotel in Orlando, Florida. The Symposium registration form is attached for your review. Designed to …