News & Updates

Office of Insurance Regulation

Legislative Proposals Would Codify Product Certification Process

Legislative Proposals Would Codify Product Certification Process

The Florida Office of Insurance Regulation issued orders last year allowing property and casualty insurers to certify most products’ compliance with the insurance code rather than seeking prior approval of the forms.  The orders are helpful to the Office of Insurance Regulation in reducing some of the workload associated with reviewing the filings.  At the […]

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OIR Discusses Status of Affordable Care Act Implementation

OIR Discusses Status of Affordable Care Act Implementation

After the Affordable Care Act became law, Florida officials did not take steps to immediately implement it.  Due in part to budget considerations and to hopes that it might be repealed or revised after the fall 2012 election cycle, Florida policymakers deferred preparations for the new law.  Now the legislature has committees devoted to the task.  The Office […]

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Wences Troncoso Takes Life and Health Deputy Commissioner Role

Wences Troncoso Takes Life and Health Deputy Commissioner Role

Insurance Commissioner Kevin McCarty has named Wences Troncoso the OIR’s Deputy Commissioner for Life & Health Insurance.  Mr. Troncoso follows Michelle Robleto. The Deputy Insurance Commissioner for Life & Health oversees the Financial Oversight and Product Review sections of the Office of Insurance Regulation.  These sections cover areas including review and approval of forms and rates and […]

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CFO Atwater Supports Comprehensive Approach to Property Market

CFO Atwater Supports Comprehensive Approach to Property Market

Florida Chief Financial Officer Jeff Atwater spoke before the Senate Banking & Insurance Committee to say that “standing still” on Florida property insurance issues is not an option.  Atwater encouraged the committee to pursue legislation designed to reduce the potential assessment burden on all Floridians that would arise from deficiencies in the state-created insurance entities.  […]

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