A live Webcast is available for the Florida Office of Insurance Regulation (“OIR”) joint public hearing today, May 4, 2010, with the Florida Health Insurance Advisory Board on the implementation of federal...
Category: Florida Office of Insurance Regulation
Florida Insurance Commissioner Kevin McCarty released his response today, May 3, 2010, to an April 23, 2010 letter from Florida Chief Financial Officer Alex Sink in which she inquired whether any additional actions may be...
Florida Hurricane Catastrophe Fund Emergency Assessment From 2005 Storms to Begin January 1, 2011
April 29, 2010
The Florida Office of Insurance Regulation issued an Order today, April 29, 2010, levying an emergency assessment of 1.30 percent of direct written premium on all property and casualty lines of business. ...
Florida Hurricane Catastrophe Fund Emergency Assessment From 2005 Storms to Begin January 1, 2011
April 29, 2010
The Florida Office of Insurance Regulation issued an Order today, April 29, 2010, levying an emergency assessment of 1.30 percent of direct written premium on all property and casualty lines of business. ...
In a press release issued today, April 28, 2010, the Florida Office of Insurance Regulation (“OIR”) announced Castle Key Insurance Companies’ (“the Companies”) intention to write more than 50,000...
Model Audit Rule Adoption Hearing Not Requested
April 23, 2010
A Florida Office of Insurance Regulation Hearing scheduled for this morning, April 23, 2010 on proposed Rule 69O-137.002 relating to Annual Audited Financial Reports was not requested and therefore not held. The proposed Rule...
Updated Mitigation Forms Effective April 21, 2010, Florida Office of Insurance Regulation Advises
April 21, 2010
The Florida Office of Insurance Regulation issued an Informational Bulletin to Florida Residential Property Insurers advising that the “Uniform Mitigation Verification Inspection Form” (Form OIR-B1-1802)...
Florida Office of Insurance Regulation To Hold Public Hearing On Impact of Federal Health Care Legislation
April 16, 2010
Florida Insurance Commissioner Kevin McCarty announced on April 16, 2010, that the Florida Office of Insurance Regulation (“OIR”) will hold a joint public hearing with the Florida Health Insurance...
Florida Office of Insurance Regulation Urges Insurers to Carefully Analyze Their Reinsurance and Risk Transfer Programs
April 12, 2010
In an Informational Bulletin issued today, April 12, 2010, the Florida Office of Insurance Regulation (“OIR”) urged property insurers to carefully analyze their reinsurance and risk transfer programs. ...
Florida Insurance Commissioner Offers Insurance Market Reform Solutions Based on ‘Cost Drivers’
April 9, 2010
In an opinion-style article published today, April 9, 2010, Florida Insurance Commissioner Kevin McCarty proposed “a more measured approach” to address Florida insurance market challenges that includes...