News & Updates

Florida Legislature

OIR Encourages Use of Certifications for Commercial Filings

OIR Encourages Use of Certifications for Commercial Filings

The Florida Office of Insurance Regulation continues to encourage insurers writing commercial property and casualty insurance to consider the forms certification process to help reduce the filing backlog.  Over the last two years, the Florida legislature has reduced the rate filing requirements associated with certain types of commercial property and casualty insurance.  Earlier this year […]

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OIR Issues Excess Profits Memorandum

OIR Issues Excess Profits Memorandum

The Florida Office of Insurance Regulation (OIR) has issued informational memorandum OIR-12-03M discussing the recent removal of the workers’ compensation excess profits reporting requirement.  The legislature passed HB 941 this year eliminating the excess profits law’s application to workers’ compensation insurance.  Governor Scott has now signed this bill into law.  As a result, the OIR […]

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