Category: Florida News

Recap: OIR Proposed Rule Hearing–Credit for Reinsurance

Nov 26, 2007

On Monday, November 26, 2007, a representative from this office attended a Rule Development Workshop at the Florida Office of Insurance Regulation (“OIR”) on Proposed Rule 690-144.007, Credit for Reinsurance.  The purpose of the Proposed Rule is to implement revisions to …

Capitol to Courthouse Headliners: Monday, Nov. 26

Nov 26, 2007

Click on a headline to read the complete story:   Allstate Sued Over Credit Score Use Allstate’s use of credit scoring algorithms to set customers’ insurance premiums violates the Illinois consumer fraud law, according to a prospective class-action filed by …

Parental Rights Getting a Boost from Courts

Nov 26, 2007

In a boost to the rights of parents, the courts are becoming less willing to hand over children to third parties seeking visitation or custody, ruling that they need more proof of bad parenting before granting access, according to family …

Tightening scrutiny of insurance rate filings

Nov 25, 2007

BY BEATRICE E. GARCIA The Miami Herald Insurance companies operating in Florida often complain about the regulatory system in the state. Their view: There’s too much regulation. Another problem, they claim, is that insurance laws change often in this state.That …

OIR Schedules Credit for Reinsurance Rule Hearing

Nov 23, 2007

The Florida Office of Insurance Regulation has issued a Notice of Development of Rulemaking for Rule No: Rule Title 69O-144.005: Credit for Reinsurance.  The Notice is below. Also included here in both e-mail and attachment formats is the text of …

Citizens Hosts Policyholder Forum in Daytona Beach

Nov 23, 2007

The following information was released today from Citizens Property Insurance Corporation regarding an upcoming policyholder forum to be held in Daytona Beach on November 28.  Citizens held its first-ever policyholder forum in Fort Lauderdale on May 15, 2007.  Should you …

Capitol to Courthouse Headliners: Wednesday, Nov. 21

Nov 21, 2007

Click on a headline to read the complete story:   Some local governments pull out of state investment pool  TALLAHASSEE, Fla. (AP) — At least three local governments have pulled more than $350 million total out of a state-run investment …

Orders Issued By The OIR To Auto Insurers

Nov 21, 2007

  We have been advised by the Office of Insurance Regulation (“OIR”) that it has issued Orders to 177 automobile insurance carriers in Florida. The affected carriers are those who made any rate, rule or form filings with the OIR …