Insurers Temporarily Blocked from Dropping Policies in Florida
Hurricane Ian, Office of Insurance Regulation, Insurance Regulation News, David Altmaier, emergency order, Governor Ron DeSantis, Insurance Regulation
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Hurricane Ian, Office of Insurance Regulation, Insurance Regulation News, David Altmaier, emergency order, Governor Ron DeSantis, Insurance Regulation
OIR, emergency order, Hurricane Michael, rate freeze, Office of Insurance Regulation, Insurance Regulation News
The Florida Office of Insurance Regulation has issued an Emergency Order applicable to Florida’s Panhandle and Big Bend regions. The order requires insurers to rescind recently issued cancellation and nonrenewal notices and to extend policyholders’ deadlines. It is similar to one issued last year following Hurricane Irma, although this year’s order covers a narrower area light of Hurricane […]
Insurance Commissioner David Altmaier provided updates to the Florida Senate and House of Representatives committees responsible for overseeing insurance issues. Commissioner Altmaier began by summarizing steps the OIR took prior to Hurricane Irma to prepare for the event and provide information to insurers. These steps included press releases and other consumer-oriented communications, outreach to insurers […]
insurance commissioner, David Altmaier, Insurance Regulatory News, Hurricane Irma, emergency order
The Florida Office of Insurance Regulation has issued an emergency order in the wake of Hurricane Irma. The order broadly applies to the insurance industry in Florida and is not limited to property insurers. At a high level, the order extends time periods that otherwise would apply for up to 90 days following Hurricane Irma. […]