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The Florida Office of Insurance Regulation (OIR) has taken the next step toward adopting administrative rules implementing recent legislation. The Financial Services Commission (FSC) recently authorized the OIR to formally publish drafts of the rules as proposed rules. The FSC consists of Florida’s Governor, Chief Financial Officer and Attorney General. These elected officials comprise a […]
Governor Ron DeSantis has nominated Mike Yaworsky as Commissioner of the Office of Insurance Regulation (OIR). Yaworsky’s name might be familiar to those who follow insurance regulation in Florida— he previously served as Chief of Staff of OIR under former commissioner David Altmaier before leaving for his current position as Vice Chair of the Florida […]
The Financial Services Commission (FSC), consisting of the Governor, Chief Financial Officer, Attorney General and Commissioner of Agriculture, discussed the process of finding Florida’s next Insurance Commissioner at their regularly scheduled Cabinet meeting. The FSC intends to conduct a nationwide search and agreed to potentially increase the compensation level to attract highly qualified candidates. The […]
Florida Insurance Commissioner Kevin McCarty’s announcement that he is resigning effective May 2, 2016, puts Florida in a position it has been in only once before– needing to appoint an insurance commissioner to lead the Florida Office of Insurance Regulation (OIR). McCarty is the first, and only, insurance commissioner appointed after the restructuring of the […]
The new year marks a new beginning for Florida’s Financial Services Commission. Under Florida’s regulatory structure, the Governor and Cabinet make up the four-member Financial Services Commission. This collegial body has rulemaking authority for the Office of Insurance Regulation and Office of Financial Regulation. In addition, the Financial Services Commission is responsible for employing the […]
With the primary races now behind us, the potential makeup of the Financial Services Commission for next year has become a little clearer. However, early guesses suggest that some of the general elections will be close and polls have had a tendency to shift this fall, so Floridians will continue to watch these races closely […]
Republican Senator Jeff Atwater and Democrat Loranne Ausley did not have to await Tuesday’s primaries to know they would be facing off in the race to follow Alex Sink as Florida’s Chief Financial Officer. Although it initially appeared Atwater would have a primary opponent, Atwater’s formidable fundraising and campaigning long ago sealed his place as the […]
