Category: Florida Office of Insurance Regulation

The Florida Office of Insurance Regulation (“OIR”) has issued two subpoenas for a public hearing on policies and rates, respectively, to State Farm Florida Insurance Company and State Farm Florida Fire and Casualty Insurance Company.  The subpoenas direct the two State …

The Florida Office of Insurance Regulation today issued an Informational Memorandum notifying insurers of their legal requirements in advance of the sunset of Florida’s no-fault/PIP laws on October 1, 2007. A copy of the Memorandum is attached for your review. …

On August 2, 2007, this office attended a public hearing at the Office of Insurance Regulation (“OIR”) on Proposed Rule 690-142.200 entitled “Military Sales Practices.”  The purpose of the Rule is to protect active duty military servicemen and servicewomen from …

The Florida Office of Insurance Regulation (“OIR”) subpoenaed State Farm Fire and Casualty Company and State Farm Florida Insurance this week to appear and testify on August 14, 2007 regarding a variety of matters, including State Farm’s non-renewal rule and …

On Tuesday, July 24, 2007, this office attended a public hearing at the Office of Insurance Regulation (“OIR”) on Proposed Rules 690-186.003, .005 entitled Title Insurance Rates; Premium Schedule Applicable to “Truth In Lending” and Other Endorsements.  The Proposed Rules …

On Monday, July 23, 2007, this office attended an Office of Insurance Regulation (“OIR”) workshop on Rules 690-138.001 and 690-137.001 relating to the adoption of the National Association of Insurance Commissioners’ (“NAIC”) Financial Condition Examiners Handbook and Annual and Quarterly …

The Florida Office of Insurance Regulation today released the following announcement regarding its decision on Florida Farm Bureau’s July 10, 2007 request for a rate increase.  To read the proceedings from the July 10 Hearing, click here. Should you have any …

The Florida Office of Insurance Regulation today released the following news regarding a Consent Order issued to The Chubb Group for the refund of over $13 million in excess profits to its customers. Should you have any questions or comments, please do not hesitate to …

The Florida Office of Insurance Regulation has issued the following informational memorandum reminding all residential property insurers that effective July 1, 2007, all policyholders must be offered the option of excluding windstorm and contents coverage.  Should you have any questions …

The following news from the Florida Office of Insurance Regulation announces a public meeting to be held on July 19, 2007 by the Florida Health Insurance Advisory Board.  The meeting will focus on a discussion of critical issues related to Florida’s health care …