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The Florida Office of Insurance Regulation (OIR) has taken the next step toward adopting administrative rules implementing recent legislation. The Financial Services Commission (FSC) recently authorized the OIR to formally publish drafts of the rules as proposed rules. The FSC consists of Florida’s Governor, Chief Financial Officer and Attorney General. These elected officials comprise a […]
The Florida Office of Insurance Regulation has released its most recent annual report discussing the state of Florida’s workers’ compensation insurance market. According to section 627.211(6), Florida Statutes, the Office of Insurance Regulation must prepare a report for the legislature each year assessing the competitiveness of Florida’s workers’ compensation market. In this year’s report, the […]
The Florida Office of Insurance Regulation has released its most recent annual report on the state of the Florida insurance market. The report describes the organizational structure of the Office of Insurance Regulation. In addition, the report discusses the economic impact of the insurance industry in Florida, stating that the industry accounts for $19.9 billion […]
The Florida Office of Insurance Regulation has released its 2010 annual report on the medical malpractice insurance industry. The Florida legislature requires the OIR to publish this report of medical malpractice financial data each year. The OIR observes in the report that insurers achieved a return on surplus of 6.6% in 2009, marking their sixth […]
