News & Updates

Office of Insurance Regulation

OIR Proposes Updated Market Intelligence Report

OIR Proposes Updated Market Intelligence Report

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 […]

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OIR Advances Holding Company System Rule Updates

OIR Advances Holding Company System Rule Updates

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 […]

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Protecting Reforms Rests with Senate and Governor

Protecting Reforms Rests with Senate and Governor

The Florida House of Representatives has passed a bill seeking to unwind key provisions of the 2022 insurance reforms that have led to recent improvements in the market. The House amended Senate Bill 832 to include a so-called “prevailing party” attorneys’ fee provision despite clear statements from the Office of Insurance Regulation, the Governor and […]

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Questions Remain as Session Enters Final Weeks

Questions Remain as Session Enters Final Weeks

As the 2025 legislative session enters its final two weeks, significant questions remain about the fate of key insurance bills. This year’s session has included substantial debate over bills opposed by Governor DeSantis, the Office of Insurance Regulation and the insurance industry. This attention, however, has not translated to action as relatively few bills have […]

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