With Falling Private Re Prices, Should Florida Let Insurers Buy Less From the Cat Fund?
Florida CAT Fund, property insurance, Insurance Regulation News, Florida Hurricane Catastrophe Fund, reinsurance, Office of Insurance Regulation
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Florida CAT Fund, property insurance, Insurance Regulation News, Florida Hurricane Catastrophe Fund, reinsurance, Office of Insurance Regulation
background checks, auto insurers, Florida insurers, Florida Insurance Code, Insurance Regulation News, Florida Legislature, Office of Insurance Regulation
Florida Legislature, Michael Yaworsky, Depopulation, Insurance Regulation News, Office of Insurance Regulation, Citizens Property Insurance Corporation
Florida Captive Insurance Association, captive insurance companies, insurance premium tax, Insurance Regulation News, Florida Legislature, Office of Insurance Regulation
Citizens Property Insurance Corporation, Office of Insurance Regulation, Insurance Regulation News, property insurance, MGAs, insurance affiliates
Office of Insurance Regulation, Insurance Regulation News, insurance summit, Michael Yaworsky
claims handling, Office of Insurance Regulation, Florida Legislature, Florida Insurance Code, AI, artificial intelligence, 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 […]
property insurance, deductible buy-back, windstorm deductible, Insurance Regulation News, Office of Insurance Regulation
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 […]