Florida Office of Insurance Regulation Issues Profit and Contingency Factors
Jun 7, 2016
The Florida Office of Insurance Regulation published its annual 2015 underwriting profit and contingency factors established for use in rate filings as Informational Memorandum OIR-16-04M today, June 7, 2016.
The Memorandum was accompanied by a June 2 Order, which is attached for review.
To access the Memorandum, click here.
Property and casualty insurers authorized to do business in Florida may use the referenced profit and contingency factors when they are unable to produce credible profit and contingency factors from their own data.
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