News & Updates

Office of Insurance Regulation

OIR Initiates Premium Tax Discount Rulemaking

OIR Initiates Premium Tax Discount Rulemaking

| Written By: Travis Miller | Administrative Law | Insurance

The Florida Office of Insurance Regulation (OIR) has published draft rule 69O-170.013 implementing the premium tax discount requirement adopted in the 2024 legislative session. The draft rule is substantially similar to emergency rule 69OER24-1 previously adopted by OIR. The Florida legislature granted emergency rulemaking authority to both OIR and the Department of Revenue to administer […]

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Speed to Market for Insurance Product Filings

Speed to Market for Insurance Product Filings

| Written By: Bert Combs | Insurance

Insurers have a variety of options when filing their product forms with the Office of Insurance Regulation (OIR).  Some options result in the ability of insurers to get their insurance products or changes to those products to market more quickly than others.  In addition, having local counsel like the Radey Law Firm review filings for […]

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OIR Adopts Emergency Rule Implementing Premium Tax Discounts

OIR Adopts Emergency Rule Implementing Premium Tax Discounts

| Written By: Travis Miller | Insurance

The Florida Office of Insurance Regulation (OIR) has adopted emergency rule 69OER24-1 implementing a law passed at the end of the 2024 session providing premium discounts for residential policyholders. Under the new law, policyholders will receive discounts in amounts equal to the state premium tax and fire marshal assessments. Insurers will recover the discount amounts […]

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