News & Updates

Insurance

Updated Mitigation Discount Form Moves Toward Adoption

Updated Mitigation Discount Form Moves Toward Adoption

The Florida Office of Insurance Regulation has proposed an amendment to rule 69O-170.0115 seeking to adopt a new version of form OIR-B1-1802 “Uniform Mitigation Verification Inspection Form.” The “1802 Form,” as it is commonly known, allows insureds to qualify for windstorm premium discounts based on the construction techniques or mitigation features of their homes. The […]

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OIR to Revise Property Claims Litigation Data Call

OIR to Revise Property Claims Litigation Data Call

The Florida Office of Insurance Regulation has proposed revisions to rule 69O-171.011, now referred to as the Property Claims Lifecycle Data Call. OIR intends to adopt the changes effective January 1, 2026. The updated form adopts reporting fields for information such as the firm of a plaintiff’s attorney, the jurisdiction of each case filed, and […]

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OIR Proposes Updated Market Intelligence Report

OIR Proposes Updated Market Intelligence Report

The Florida Office of Insurance Regulation (OIR) has proposed revisions to administrative rule 69O-137.009 related to residential insurers’ policy data. The rule will adopt updates to the reporting format, which is set forth in a template identified as OIR-DO-1185. The report is commonly referred to as the Market Intelligence Report— a name adopted when former […]

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OIR Advances Holding Company System Rule Updates

OIR Advances Holding Company System Rule Updates

The Florida Office of Insurance Regulation has proposed amendments to rule 69O-143.046 related to insurance holding company system filings. The proposed rule would adopt two new reporting forms–  the “Group Capital Calculation 2024 Template” and the “NAIC Liquidity Stress Test Template.” The templates are based on NAIC models that have been adopted in most states […]

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Governor DeSantis Questions Critics of Property Market Reforms

Governor DeSantis Questions Critics of Property Market Reforms

Governor Ron DeSantis continues to support the property insurance reforms adopted in late 2022. This is not surprising considering that following the reforms existing insurers have increased their appetites for additional policies, rate levels have moderated and started to decline, approximately 14 new companies have entered the market, and Citizens Property Insurance Corporation has seen […]

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Governor DeSantis Names Blaise Ingoglia as CFO

Governor DeSantis Names Blaise Ingoglia as CFO

Governor Ron DeSantis has appointed state Senator Blaise Ingoglia as Florida’s Chief Financial Officer. Ingoglia succeeds Jimmy Patronis, who resigned to pursue his successful bid for a seat in the U.S. House of Representatives. With Ingoglia’s appointment, the state’s Cabinet offices are again complete. Governor DeSantis previously appointed James Uthmeier to follow Ashley Moody as […]

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Budget Differences Further Extend Legislative Session

Budget Differences Further Extend Legislative Session

Florida lawmakers have not yet reached agreement on a budget proposal for the fiscal year beginning July 1 prompting a further extension of the current session until June 30. The primary responsibility of the Florida legislature each year is to adopt a state budget. The budget then is presented to the Governor for action. Although […]

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Legislative Session Headed Toward Overtime

Legislative Session Headed Toward Overtime

With one week to go in Florida’s regulation legislative session, it appears the scheduled 60 days might not be enough. The legislature’s primary responsibility each year is to pass a state budget for presentation to the Governor. However, due to “philosophical differences” between the House of Representatives and the Senate, key legislators say there’s not […]

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Protecting Reforms Rests with Senate and Governor

Protecting Reforms Rests with Senate and Governor

The Florida House of Representatives has passed a bill seeking to unwind key provisions of the 2022 insurance reforms that have led to recent improvements in the market. The House amended Senate Bill 832 to include a so-called “prevailing party” attorneys’ fee provision despite clear statements from the Office of Insurance Regulation, the Governor and […]

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Questions Remain as Session Enters Final Weeks

Questions Remain as Session Enters Final Weeks

As the 2025 legislative session enters its final two weeks, significant questions remain about the fate of key insurance bills. This year’s session has included substantial debate over bills opposed by Governor DeSantis, the Office of Insurance Regulation and the insurance industry. This attention, however, has not translated to action as relatively few bills have […]

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