Category: Florida Office of Insurance Regulation

The Florida Office of Insurance Regulation today issued the following news regarding the withdrawl of rate filings by AMEX Assurance Company and IDS Property Casualty Insurance Company. Should you have any questions or comments, please do not hesitate to contact …

On Thursday, August 16, 2007, this office attended a public hearing for rate filings submitted by the Hartford Insurance Group (“Hartford”).  Hartford requested statewide average rate increases in Florida of 29.5 percent for its homeowners business, a 46.4 percent rate increase …

On August 14, 2007, the Florida Office of Insurance Regulation (“OIR”) held a workshop on Rule 69O-138.005, Examination of Insurers.  Although this meeting was not requested by outside parties, an informal discussion took place during which comments were made by …

The following information was just released by the Office of Insurance Regulation: TALLAHASSEE (08/14/2007) – This week, the Florida Office of Insurance Regulation denied the rate requests of three companies for not substantially lowering their property insurance rates pursuant to …

Florida Chief Financial Officer Alex Sink released the following news regarding a new facet of her Web site that provides information regarding the Florida insurance legal landscape subsequent to a projected no-fault/PIP sunset on October 1, 2007. Should you have …

The Florida Office of Insurance Regulation has just released the following: For Immediate Release: Contact:  Tom Zutell or Jonathon Kees850/ 413-2515 TALLAHASSEE (08/10/2007) – This week, the Office of Insurance Regulation disapproved Metropolitan Casualty Insurance Company’s and Metropolitan Property & …

The Florida Office of Insurance Regulation has just released the following:   TALLAHASSEE (08/10/2007) – Florida Insurance Commissioner Kevin McCarty has postponed the public hearing to be held on Tuesday, August 14, 2007 regarding recent underwriting decisions made by the …

On Thursday, August 9, 2007, a representative from this office attended a public hearing on Proposed Rules 69O-125.005 and 69O-125.006, relating to the “Use of Credit Reports and Credit Scores by Insurers.” These Rules require the review and approval of …

The Florida Office of Insurance Regulation (“OIR”) has scheduled a series of public hearings on “true-up” rate filings by seven insurers.  The OIR press release below details the dates and times of these hearings. Should you have an comments or questions, …