News & Updates

Chief Financial Officer

Atwater Wants Cabinet Oversight of Citizens Inspector General

Atwater Wants Cabinet Oversight of Citizens Inspector General

Chief Financial Office Jeff Atwater has suggested that the Governor and Cabinet, serving as the Financial Services Commission, oversee the selection of an Inspector General to review Citizens Property Insurance Corporation.  Atwater also wants the Inspector General to report to the Financial Services Commission for at least 12 months. Governor Rick Scott recently called for […]

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OIR Releases Final PIP Report

OIR Releases Final PIP Report

The Florida Office of Insurance Regulation (OIR) has released the final version of the actuarial report of Pinnacle Actuarial Resources relating to the anticipated savings under 2012’s Personal Injury Protection (PIP) reform law.  The report estimates the indicates savings associated with HB 119 passed in this year’s legislative session.  Most of the provisions of the […]

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Robin Westcott Named Insurance Consumer Advocate

Robin Westcott Named Insurance Consumer Advocate

Chief Financial Officer Jeff Atwater has named Robin Westcott as Florida’s next Insurance Consumer Advocate.  CFO Atwater chose Ms. Westcott based on her long career in insurance regulation and her knowledge of issues that affect the insurance-buying public.  “Robin will be an ardent, outspoken and persistent advocate for Florida’s insurance consumers,” said CFO Atwater.  “She is committed to […]

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OIR to Review Life & Annuity Claims Practices

OIR to Review Life & Annuity Claims Practices

The Florida Office of Insurance Regulation has announced a public hearing at which it will investigate claims settlement practices in the life and annuity industry.  The OIR has directed that representatives of two insurers appear in Tallahassee on May 19 to address its concerns, and OIR advises that it continues to examine other insurers. According […]

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