Category: Florida Office of Insurance Regulation

OIR Public Rate Hearing: Florida Farm Bureau

Jul 11, 2007

On Tuesday, July 10, 2007, this office attended a public hearing for a rate filing submitted by the Florida Farm Bureau.   The Florida Farm Bureau requested a 30.3 percent statewide average rate increase for its homeowners’ business.  Florida Office of Insurance …

OIR Notice of Rulemaking: Military Sales Practices By Insurers

Jul 5, 2007

The Florida Financial Services Commission, on behalf of the Florida Office of Insurance Regulation (“OIR”) has issued a Notice of Proposed Rulemaking on Rule 690-142.200 relating to military sales practices.  The purpose of the Rulemaking is to set forth standards …

Public Hearing Set For Florida Farm Bureau Rate Filing

Jul 4, 2007

The Florida Office of Insurance Regulation (“OIR”) has scheduled a public hearing for a rate filing submitted by Florida Farm Bureau Casualty Insurance Company and Florida Farm Bureau General Insurance Company on July 10, 2007, at 10:00 a.m. Open to …

OIR Rule Hearings Calendared: Credit Scoring; Travel Plans

Jul 4, 2007

Two heavily-debated issues relating to certain insurance ratemaking practices are the subject of recently-published Notices of Rulemaking Hearings by the Florida Office of Insurance Regulation (“OIR”).    Use of credit reports and credit scores The Florida Financial Services Commission (“FSC”), on behalf …

OIR Rule Hearing Recap: Home Structure Rating System

Jun 27, 2007

On Wednesday, June 27, 2007, this office attended a Public Rule Hearing at the Office of Insurance Regulation (“OIR”) on Proposed Rule 690-167.015 relating to the Home Structure Rating System (“HSRS”).  Representing the OIR was Presiding Officer Steve Fredrickson and Mike Milnes.  …

OIR Rule Development Workshop Recap: Health Rate Filings

Jun 18, 2007

On June 18, 2007, this office attended a Florida Office of Insurance Regulation (“OIR”) Rule Development Workshop regarding Proposed Rule 690-149.003, .004, .005, .007 entitled “Health Rate Filings.”  The purpose of the Proposed Rule is to provide guidelines to ensure that …