Florida slashes rates by $98 million for ‘force-placed’ insurer; advocates want more
forced placed insurance, Insurance Regulation News, Office of Insurance Regulation, Kevin McCarty
News & Updates
Office of Insurance Regulation
Insurance commissioner: Private companies’ reserves sufficient
property insurance, Insurance Regulation News, Florida Hurricane Catastrophe Fund, Office of Insurance Regulation, Kevin McCarty, Citizens Property Insurance Corporation
Lawmakers Wrestle with Affordable Care Act Implementation
Most observers would concede that Florida’s insurance code is complicated enough as it stands. In the health insurance context, it contains numerous requirements governing insurers, their financial requirements and obligations, product offerings and benefits, and other issues. This year, Florida lawmakers are dealing with an added dimension of complexity– reconciling the insurance code to the […]
Florida Senate to Unveil First Draft of Proposed Property Insurance Reforms
property insurance, Insurance Regulation News, Florida Legislature, Office of Insurance Regulation, Kevin McCarty, Citizens Property Insurance Corporation
Editorial: Florida needs health care takeover by the federal government
Florida Legislature, Belinda Miller, Affordable Care Act, Governor Rick Scott, Insurance Regulation News, Office of Insurance Regulation, Health Care
Sen. Smith: Senate Dems to take hard line on property insurance overhaul
property insurance, Insurance Regulation News, Florida Legislature, Florida Hurricane Catastrophe Fund, Office of Insurance Regulation, Citizens Property Insurance Corporation
Editorial: Citizens vs. the market
Governor Rick Scott, property insurance, Insurance Regulation News, Florida Legislature, Office of Insurance Regulation, Citizens Property Insurance Corporation
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 […]
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 Due in part to budget considerations and to hopes that it might be repealed or revised after the fall 2012 election cycle, Florida policymakers deferred preparations for the new law.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 […]
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 […]