News & Updates

long-term care

Office of Insurance Regulation Holds Public Hearings on Long Term Care Filings

Office of Insurance Regulation Holds Public Hearings on Long Term Care Filings

The Florida Office of Insurance Regulation (Office) has scheduled two public hearings for today to discuss key long-term care rate filings that are pending before the Office.  The filings relate to proposed rate increases submitted by Metropolitan Life Insurance Company (“Metlife”) and Unum Life Insurance Company of America (“Unum”). The Office has elected to host the public […]

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House Committee Takes Up Range of Insurance Bills

House Committee Takes Up Range of Insurance Bills

The House Insurance Committee is scheduled to hear several insurance bills in a meeting today: HB 53 would apportion part of the Florida Hurricane Catastrophe Fund’s investment income to the Florida Catastrophic Storm Risk Management Center associated with Florida State University. HB 119 would amend the definition of assets at Section 625.012, Florida Statutes, to […]

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Bill Would Adopt Interstate Insurance Product Regulation Compact

Bill Would Adopt Interstate Insurance Product Regulation Compact

Senate bill 1386 proposed for the 2012 legislative session would adopt the Interstate Insurance Product Regulation Compact in Florida and improve the efficiency of bringing certain products to market in this state.  The bill recognizes that the marketplace for lif insurance, annuities, disability income insurance and long-term care insurance have changed over the years warranting […]

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