News & Updates

commercial property

OIR Sets Citizens Commercial Rates

OIR Sets Citizens Commercial Rates

The Florida Office of Insurance Regulation (Office) has issued an order establishing the 2016 commercial lines rates for Citizens Property Insurance Corporation (Citizens). The overall estimated statewide average rate changes are shown in the chart below. The effective date for both new and renewal rates within the Commercial Lines and Coastal Accounts is February 1, 2016. […]

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Public Hearing Scheduled for Proposed Citizens Rate Changes

Public Hearing Scheduled for Proposed Citizens Rate Changes

The Office of Insurance Regulation has scheduled a public hearing for the following pending rate filings submitted by Citizens Property Insurance Corporation.  Citizens submits rate filings for all of its programs each year.  In connection with the OIR’s review, the OIR holds a public hearing at which Citizens presents information regarding the filings and the […]

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Legislature Revises Forms Certifications and Rate Exemptions

Legislature Revises Forms Certifications and Rate Exemptions

The legislature altered Florida’s form and rate filing statutes in SB 468.  Perhaps most significantly, the legislature specified that a forms certification process similar to the one currently in effect by OIR order will continue for commercial property and casualty insurance.  However, personal lines and workers’ compensation are specifically carved out of the statutory change […]

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