News & Updates

Jeff Atwater

Commissioner McCarty Wraps Up Big Week

Commissioner McCarty Wraps Up Big Week

The last week has brought good news to Commissioner Kevin McCarty and the Florida Office of Insurance Regulation.  Governor Risk Scott recently commented that he is saitisfied with the job Commissioner McCarty has been doing and expects the OIR to be part of the solution as he pushes toward reducing the size of Citizens Property […]

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Officials Urge Phase-In of Citizens Sinkhole Rate Change

Officials Urge Phase-In of Citizens Sinkhole Rate Change

Citizens Property Insurance Corporation got the insurance world talking recently when it announced that rates for sinkhole coverage would increase by an average of 400 percent, and by much higher amounts in certain areas. Citizens’ rate increases are capped at 10 percent per policyholder per year, but the 2011 legislature removed sinkhole coverage from the […]

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