News & Updates

Office of Insurance Regulation

OIR Responds to Findings in Operational Audit

OIR Responds to Findings in Operational Audit

| Written By: Travis Miller | Insurance

Florida’s Auditor General recently issued Report 2014-009 relating to its operational audit of the Florida Office of Insurance Regulation.  The Office of Insurance Regulation in turn has provided its responses to the audit findings.  The report identified the following four findings: Finding No. 1:  Office policies and procedures should be enhanced to require that the […]

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OIR Approves Florida Blue Reorganization with Conditions

OIR Approves Florida Blue Reorganization with Conditions

| Written By: Travis Miller | Insurance

The Florida Office of Insurance Organization has issued an order approving the reorganization plan of Blue Cross and Blue Shield of Florida, Inc. d/b/a Florida Blue subject to certain conditions.  Florida Blue proposed to reorganize by creating a new not-for-profit mutual insurance holding company to be owned by Florida Blue’s policyholder-members.  The new mutual insurance holding […]

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