Category: Florida Office of Insurance Regulation

  The Florida Office of Insurance Regulation (“OIR”) released a comprehensive Report (“Report”) today, January 5, 2015, on the review of a Motor Vehicle Personal Injury Protection (“PIP”) Insurance data call as required by House Bill 119, which was enacted in …

  The Florida Office of Insurance Regulation commenced its 2014 Industry Conference at 9:00 a.m. today, October 30, 2014.   The annual event, which is being Webcast live from the Florida State University Conference Center in Tallahassee, features separate breakout …

  On October 14, 2014, the Florida Office of Insurance Regulation (“OIR”) held a public hearing on the recent National Council on Compensation Insurance (“NCCI”) workers’ compensation filing, which proposes a statewide average voluntary market decrease of 3.3 percent on …

  The Florida Office of Insurance Regulation (“OIR”) announced today, September 4, 2014, that it has approved the removal of up to 425,357 personal residential policies and 2,227 commercial residential polices from Citizens Property Insurance Corporation (“Citizens”) by the following …

  On August 22, 2014, the Florida Office of Insurance Regulation (“OIR”) announced its receipt of the 2015 Florida workers’ compensation rate filing by the National Council on Compensation Insurance (“NCCI”).  The filing proposes a statewide average rate decrease of …

  The Florida Office of Insurance Regulation (“OIR”) advised today, July 22, 2014, that it has issued Orders to insurance companies terminating a 1.3 percent Florida Hurricane Catastrophe Fund (“FHCF”) emergency assessment on most property insurance policies.  The assessment, which …

  A Florida Office of Insurance Regulation (“OIR”) Proposed Rule Hearing scheduled for today, June 19, 2014, was not held, since no formal public request to do so had been made.  For consideration at the Hearing were Rules 69O-123.001, “Purpose” …

  Parties interested in receiving data related to the Sunshine State Insurance Company estate must sign and return a Confidentiality Agreement.  The Confidentiality Agreement can be accessed from the Receiver’s Web site using the following hyperlink: http://www.myfloridacfo.com/Division/Receiver/documents/CONFIDENTIALITY_AGREEMENT.pdf Once completed, the …

Rulemaking has commenced by the Florida Department of Legal Affairs to clarify definitions, documentation requirements, and amend benefits and procedures for claims filed pursuant to Florida’s Crimes Compensation Act. Published on May 22, 2014, the corresponding Notice pertains to the …

  Protections previously afforded only to Florida senior citizens involved in annuity transactions would be extended to consumers of any age under a proposed Rule scheduled to be considered by Florida Department of Financial Services, Division of Agent and Agency …