A Rule hearing was held on Wednesday, October 8, 2008, regarding proposed changes to Rule number 69O-157.1155: Producer Training. The hearing was presided over by Gerry Smith from the Florida Office of Insurance Regulation....
Category: Florida Office of Insurance Regulation
OIR Issues Notice of Development of Rulemaking: Unfair Discrimination in Private Passenger Motor Vehicle Rates
October 8, 2008
The Florida Financial Services Commission, Office of Insurance Regulation (“OIR”), has issued a Notice of Proposed Rule Development regarding Rule 69O-175.008: Unfair Discrimination in Private Passenger Motor...
OIR Rate Hearing Scheduled For Cincinnati Companies
October 8, 2008
The Florida Office of Insurance Regulation (“OIR”) will hold a public rate hearing for Cincinnati Insurance Company and Cincinnati Indemnity Company on Friday, October 10, 2008 at 9:00 a.m. in Room 401 of the...
OIR Issues Notice of Proposed Rule Development: Use of Credit Reports and Credit Scores by Insurer
October 2, 2008
The Florida Financial Services Commission, Office of Insurance Regulation, has issued a Notice of Proposed Rule Development regarding proposed Rules 69O-125.005, and .006: Use of Credit Reports and Credit Scores by Insurer. A...
The Florida Office of Insurance Regulation had scheduled a Rule Development Hearing for the following Rules relating to Credit Life and Credit Disability Insurance: 69O-163.0075: Term and Evidence of Insurance69O-163.009:...
Credit Scoring Methodologies No Longer Confidential As of October 2
September 30, 2008
In an Informational Memorandum issued today, September 30, 2008, the Florida Office of Insurance Regulation (“OIR”) advises property and casualty insurers that Florida laws governing public records exemptions for...
Updates on the Use of Credit Reports and Credit Scoring by Florida Insurers
September 29, 2008
In a previous administrative proceeding, various industry trade associations, including the Property Casualty Insurers Association of America, challenged a second proposed Rule promulgated by the Florida Office of Insurance...
Florida Insurance Commissioner McCarty Says: Leave Insurance Regulation to the States
September 24, 2008
In the wake of the recent American International Group financial issues, Florida Insurance Commissioner Kevin McCarty released the following comments today, September 24, 2008, in response to recently circulated opinions that...
OIR Rule Development Workshop Canceled: Insurance Administrator Annual Report Form
September 22, 2008
On Tuesday, September 22, 2008, the Florida Office of Insurance Regulation (“OIR”) had scheduled a Rule Development Workshop on proposed Rule 69O-197.006 relating to the Insurance Administrator Annual Report...
OIR Notice of Proposed Rulemaking: Viatical Settlement Providers
September 19, 2008
The Florida Office of Insurance Regulation (“OIR”) has issued a Notice of Proposed Rulemaking regarding the following Rules: 69O-204.010, .020, .030, .040, .050: Viatical Settlement Providers Pursuant to...