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The Florida Office of Insurance Regulation (OIR) recently analyzed nationwide homeowners insurance claims and litigation data and reached a well-known but unfortunate conclusion– Florida leads the country in litigation by a staggering margin. OIR aggregated market conduct survey data related to lawsuits opened throughout the United States from 2016 through 2019 (the last year for […]
In their recent fall meeting, members of the National Association of Insurance Commissioners (NAIC) elected Florida Insurance Commissioner David Altmaier as the NAIC’s next president. Altmaier succeeds outgoing president Ray Farmer of South Carolina. Commissioner Altmaier has served as Florida’s Insurance Commissioner since 2016. Prior to being named Florida’s commissioner, Altmaier has held several positions […]
Citizens Property Insurance Corporation, Insurance Regulation News, property insurance, Florida Office of Insurance Regulation, Hurricane Michael claims
Office of Insurance Regulation, Travis Miller, Radey, Florida Office of Insurance Regulation, radeylaw, property and casualty, iFile, Insurance Regulation Filing System, IRFS
The Florida workers’ compensation insurance market presents interesting regulatory and legislative dynamics. Two Florida Supreme Court cases threatened to unravel some of the legislative reforms that helped reduce workers’ comp rates in this state. This prompted concerns among some policymakers that the legislative must revisit workers’ compensation laws to head off future rate increases for […]
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 Regulation News, property insurance, Florida Office of Insurance Regulation, assignment of benefits, AOB Claims
Office of Insurance Regulation, Travis Miller, Radey, Florida Office of Insurance Regulation, radeylaw, flood, residential, Hurricane Irma, Irma, deductible, commercial
Citizens Property Insurance Corporation, property insurance, Florida Office of Insurance Regulation, hurricane coverage, hurricane season 2018
Florida Legislature, Insurance Regulation News, Florida Office of Insurance Regulation, assignment of benefits, AOB
