May 7, 2012
1:00 p.m.–Florida Office of Insurance Regulation Public Rate Hearing. Olympus Insurance Company. Olympus Insurance Company has requested a 24.5 percent overall rate increase for its dwelling fire line of coverage. The proposed rate increase would be effective June 19, 2012 …
May 7, 2012
9:30 a.m.–Florida Office of Insurance Regulation Rule Development Workshop. Proposed amendments to Rule 69O-149.022 would update and edit the contents of the forms and instructions used by life and health insurers to make electronic form filings via the OIR’s I-File …
May 4, 2012
Calling the enactment of Personal Injury Protection Insurance Reform Bill CS/CS/HB 119 a “collaborative effort,” Florida Insurance Commissioner Kevin McCarty compiled a retrospective timeline of events and key documents leading up to Florida Governor Rick Scott’s signing of the …
May 4, 2012
Florida Governor Rick Scott signed CS/HB 941 relating to Insurance today, May 4, 2012. Effective July 1, 2012 unless otherwise provided, the bill removes the requirement for workers’ compensation insurers to refund excess profits to businesses they insure in the …
May 4, 2012
The Florida Office of Insurance Regulation (“OIR”) is seeking to amend Rule 69O-144.007, F.A.C, entitled “Credit for Reinsurance From Eligible Reinsurers” to apply to life insurance. The Rule currently applies only to property and casualty insurance. Rule 69O-144.007 was …
May 4, 2012
The following news release detailing the joint U.S.-China Economic Track Fact Sheet on the Fourth Meeting of the U.S. China Strategic and Economic Dialogue was issued by the U.S. Treasury Department today, May 4, 2012: Joint U.S.-China Economic Track …
May 4, 2012
The following news release was issued by the Office of Florida Governor Rick Scott today, May 4, 2012: Governor Scott Announces 2012 Governor’s Sterling Award and Sustained Excellence Award Recipients TALLAHASSEE – Governor Rick Scott and the Florida Sterling …
May 4, 2012
Representatives from Mississippi, Connecticut and Alaska have confirmed that their states are withdrawing from the Non-Admitted Insurance Multi-State Agreement (NIMA), it was reported today, May 4, 2012, by National Underwriter’s PropertyCasualty360.com. The information was verified by a Florida Office of …
May 4, 2012
Concurrently with Florida Governor Rick Scott’s signing of CS/CS/HB 119 relating to Motor Vehicle Personal Injury Protection Insurance today, May 4, 2012, Florida Insurance Commissioner Kevin McCarty issued Informational Bulletin OIR-12-02M to all motor vehicle insurers in the State of …
May 4, 2012
Following is a listing of Florida insurance-related regulatory events for the week of May 7-11, 2012: All times are Eastern Time (“ET”). Additional information is available via hyperlink where noted in bold type. FLORIDA INSURANCE REGULATORY EVENTS Tuesday, …