News & Updates

FEMA

OIR Seeking National Flood Insurance Ratemaking Data

OIR Seeking National Flood Insurance Ratemaking Data

Insurance Commissioner Kevin McCarty has requested that the Federal Emergency Management Agency (FEMA) provide data relating to how the National Flood Insurance Program (NFIP) sets rates.  McCarty has commented that even without seeing the data, it appears that the NFIP’s rates would not satisfy the Office of Insurance Regulation’s standard that rates not be unfairly […]

Continue Reading →

Florida Supports Mississippi Flood Suit

Florida Supports Mississippi Flood Suit

Governor Rick Scott, Attorney General Pam Bondi and Chief Financial Officer Jeff Atwater announced that Florida will file an amicus brief in support of the Mississippi Department of Insurance’s suit seeking to delay implementation of rate increases in the federal flood insurance program.  Attorney General Bondi indicated that supporting the Mississippi action might result in a faster decision than if Florida were to […]

Continue Reading →