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Florida Regulator Outlines How Industry Can Help Insureds During COVID-19 Response

The Florida Office of Insurance Regulation has issued an additional memorandum related to the coronavirus outbreak to all the insurers and entities it regulates in an effort to provide general guidance on the treatment of policyholders, according to a statement Wednesday.

The insurance regulator is also offering extensions to insurers for submitting annual statements and allowing electronic signatures for certain entities where allowed by law.