Category: Florida Office of Insurance Regulation

The following information was released earlier today by the Florida Office of Insurance Regulation (“OIR”): ——————————————————- -NEWS FROM THE FLORIDA OFFICE OF INSURANCE REGULATION- For Immediate Release:                    Contact:   Ed Domansky or Tom Zutell                850/ 413-2515 PRIVATE INSURERS FIND WAY TO …

Florida Chief Financial Officer Alex Sink and Florida Attorney General Bill McCollum today announced a multi-state settlement with several insurance brokers.  The press release on the matter  issued by the Florida Office of Insurance Regulation is below, along with a …

The Office of Insurance Regulation (“OIR”) is repealing Rule 69O-186.017, titled “Certificate of Mortgage Releases,” given that the authorizing statute has been repealed.  At this time, no Summary of Statement of Estimated Regulatory Costs has been prepared. If requested in …

The Office of Insurance Regulation (“OIR”) scheduled a hearing on Proposed Rules 69O-149.003-.005 and .007 (Health Rate Filings) on October 18, 2007.  However, the Hearing was cancelled because the OIR had mistakenly published the wrong version of the Proposed Rules.  …

Citizens Property Insurance Corporation(“Citizens”) is reminding insurers and agents of the Florida Office of Insurance Regulation (“OIR”) deadlines and requirements for pending assumption dates.  In order to participate in the assumption process, all required material must be submitted to the OIR …

In a press conference this afternoon, Florida Governor Charlie Crist and Insurance commissioner Kevin McCarty announced a detailed investigation into insurance industry practices via subpoenas issued to Allstate Insurance Company (“Allstate”) and its subsidiaries.   After the Governor voiced disappointement that homeowners insurance rates have not dropped more …

The following information was just released by the Florida Office of Insurance Regulation (“OIR”): ———————————————————— -NEWS FROM THE FLORIDA OFFICE OF INSURANCE REGULATION- For Immediate Release:            Contact:     Ed Domansky or Tom Zutell                  850/ 413-2515                            FLORIDA OFFICE OF INSURANCE …

Although on October 15, 2007 the Office of Insurance Regulation (“OIR”) had scheduled a Rule Hearing in Tallahassee, it was not held because it was not requested.  However, the OIR distributed a packet detailing the proposed rule which revises the process to be used for insurer …

The following press release was just issued by the Florida Office of Insurance Regulation (“OIR”): ————————————————————–   -NEWS FROM THE FLORIDA OFFICE OF INSURANCE REGULATION- For Immediate Release:      Contact:  Ed Domansky or Tom Zutell                       850/ 413-2515                           FLORIDA CIRCUIT …

The Florida Office of Insurance Regulation (“OIR”) has cancelled the public rate hearings scheduled for American Southern Home Insurance Company on October 11, 2007; St. John’s Insurance Company, Inc. on November 1, 2007; and State Farm Florida Insurance Company, State …