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...
Category: Florida Office of Insurance Regulation
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...
Florida Office of Insurance Regulation: New Law (HB 1101) Expected to Help Florida Attract U.S. Domiciled Captive Insurers
April 25, 2012
In response to Florida Governor Rick Scott’s enactment of CS/CS/HB 1101 into law yesterday, April 24, 2012, the Florida Office of Insurance (“OIR”) announced that “Florida now has better...
Florida Office of Insurance Regulation Announces $40 Million Multi-Agency Agreement with MetLife Insurance Companies
April 23, 2012
The Florida Office of Insurance Regulation announced today, April 23, 2012, that a $40 million settlement pertaining to the location of life and annuity beneficiaries and the reporting of unclaimed property has been...
No Public Testimony Given at Health Insurer Rate Filing Procedures Rule Development Workshop on 69O-149.003, F.A.C.
April 17, 2012
A Rule Development Workshop on proposed amendments to Rule 69O-149.003 relating to Rate Filing Procedures was held this morning, April 17, 2012, at the Florida Office of Insurance Regulation in Tallahassee. ...
The Florida Office of Insurance Regulation announced today, April 17, 2012, that NIMA, Inc. will contract with the Florida Surplus Lines Service Office to serve as its central clearinghouse provider for the collection and...
Florida Office of Insurance Regulation Order Exempts Commercial Lines Risks from Form Filing Requirements Under Certain Circumstances
April 10, 2012
The Florida Office of Insurance Regulation (“OIR”) has issued an Order exempting certain property and casualty policy forms, policy endorsements, applications or other forms from the requirements of Section...
Insurers seeking limited apportionment company (“LAC”) status for 2012 must petition the Florida Office of Insurance Regulation (“OIR”) within the first 90 days of 2012, meaning by tomorrow,...
Florida Office of Insurance Regulation Annual Reinsurance Data Call Part 1 Filing Due Date Extended to Monday, April 16, 2012
March 29, 2012
The Florida Office of Insurance Regulation (“OIR”) has advised that the filing due date for Part 1 of its Annual Reinsurance Data Call has been extended to Monday, April 16, 2012. Also, questions 34...
Florida Insurance Commissioner Kevin McCarty issued a March 20, 2012 order to United States Contractors Trust and Access Health Now to cease and desist engaging in the unauthorized and unlicensed sale of insurance in...