Florida OIR to Host its Own Insurance Summit in April With Regulators, Industry Leaders
Office of Insurance Regulation, Insurance Regulation News, insurance summit, Michael Yaworsky
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Office of Insurance Regulation, Insurance Regulation News, insurance summit, Michael Yaworsky
AI, Office of Insurance Regulation, Florida Legislature, Florida Insurance Code, artificial intelligence, claims handling, review of claims
As policymakers grapple with the use of Artificial Intelligence (AI) in regulated industries, Insurance Commissioner Mike Yaworsky has encouraged lawmakers to ensure the Office of Insurance Regulation (OIR) can oversee insurers’ AI use. “Responsible AI governance is crucial,” Commissioner Yaworsky recently told the Banking and Insurance Committee of the Florida Senate. Commissioner Yaworsky acknowledged that […]
Office of Insurance Regulation, Insurance Regulation News, property insurance, windstorm deductible, deductible buy-back
The Florida Office of Insurance Regulation has proposed revisions to rule 69O-171.011, now referred to as the Property Claims Lifecycle Data Call. OIR intends to adopt the changes effective January 1, 2026. The updated form adopts reporting fields for information such as the firm of a plaintiff’s attorney, the jurisdiction of each case filed, and […]
The Florida Office of Insurance Regulation (OIR) has proposed revisions to administrative rule 69O-137.009 related to residential insurers’ policy data. The rule will adopt updates to the reporting format, which is set forth in a template identified as OIR-DO-1185. The report is commonly referred to as the Market Intelligence Report— a name adopted when former […]
The Florida Office of Insurance Regulation has proposed amendments to rule 69O-143.046 related to insurance holding company system filings. The proposed rule would adopt two new reporting forms– the “Group Capital Calculation 2024 Template” and the “NAIC Liquidity Stress Test Template.” The templates are based on NAIC models that have been adopted in most states […]
property insurance, Insurance Regulation News, Florida Legislature, Office of Insurance Regulation
Senator Rick Scott, Michael Yaworsky, Governor Ron DeSantis, property insurance, Insurance Regulation News, Department of Financial Services, Office of Insurance Regulation, Insurance Regulation
Blaise Ingoglia, Florida CFO, property insurance market, Governor Ron DeSantis, Insurance Regulation News, Department of Financial Services, CFO, Office of Insurance Regulation