The Florida Office of Insurance Regulation (“OIR”) released its annual report on workers’ compensation today, January 5, 2011. The statutory report contains an analysis of the availability and...
The Florida Office of Insurance Regulation (“OIR”) announced today, December 30, 2010, that Bermuda-based Renaissance Reinsurance Ltd. has been approved to participate in Florida’s insurance marketplace with...
The Florida Office of Insurance Regulation (“OIR”) is in process of drafting its statutory Personal Injury Protection (“PIP”) Data Call, a copy of which is attached for review. Florida...
The Florida Office of Insurance Regulation (“OIR”) held a public rate hearing yesterday, December 7, 2010, on First Home Insurance Company’s (“First Home”) requested homeowners policy...
The Florida Office of Insurance Regulation “2010 Fast Facts” report issued today, November 28, 2010, indicates that the State of Florida ranks 15th in comparison with the amount of insurance premium...
Florida Insurance Commissioner Kevin McCarty will chair a new task force established by the National Association of Insurance Commissioners (“NAIC”) to address potential adverse impacts on the role of...
In response to several agent complaints relating to the broad nature of Florida’s unfair trade practices statutes, the Florida Department of Financial Services (“DFS”), Division of Agent and Agency...
Yesterday, November 17, 2010, the Florida Office of Insurance Regulation (“OIR”), held a Rule Development Workshop on proposed Rule 69O-189.007, entitled “Insurer Experience Reporting- Excessive...
INSURERS CANNOT CHALLENGE ADMINISTRATIVE RULES CONCERNING RATE FILING ARBITRATION BECAUSE STATUTE AUTHORIZING ARBITRATION NO LONGER EXISTS In an opinion filed yesterday, the First District Court of Appeal...
During his report to the Florida Cabinet at its meeting this morning, November 9, 2010, Florida Insurance Commissioner Kevin McCarty reviewed the newly released Florida Office of Insurance Regulation Sinkhole...