Radey is an AV-rated firm consisting of lawyers who practice before state agencies and in all state and federal courts.
The Office of the Insurance Consumer Advocate held its most recent hearing last week on the insurer report card rule. Most insurers commenting on the rules believe that a “report card” can provide valuable information to insurance consumers as they consider their residential insurance options. However, the industry believes that the rule in its current […]
The Financial Services Commission has republished notice of proposed rulemaking relating to an insurer report card rule. The current version of the rule was scheduled to be presented to the Financial Services Commission at its August 26, 2010 meeting. However, due to procedural requirements, the rule will not be presented to the FSC at that […]
Office of Insurance Regulation, Insurance Regulation News, Insurance Consumer Advocate
Proposed administrative rules proving a grading system for an insurer report card are scheduled to be presented to the Financial Services Commission for adoption on August 26, 2010. The Office of the Insurance Consumer Advocate published the rules last year and held workshops and hearings to gather input from interested parties. Several insurer groups raised […]
reinsurance, Insurance Consumer Advocate, Insurance regulation new
Citizens Property Insurance Corporation, Insurance Regulation News, Insurance Consumer Advocate
The Florida Office of Insurance Regulation announced in late 2010 that it was withdrawing the insurer report card rule. This announcement was viewed favorably by many members of the industry because they had commented throughout the workshop and hearing process that the grading formula presents serious concerns. Although the OIR indicated at the time it […]
