News & Updates

Office of Insurance Regulation

OIR Scrutinizing Lender-Placed Insurance

OIR Scrutinizing Lender-Placed Insurance

The Florida Office of Insurance Regulation and Insurance Commissioner Kevin McCarty continue to take a close look at lender-placed or force-placed insurance.  In its most recent action, the OIR announced on Friday that it intends to disapprove a recent rate filing submitted by Praetorian Insurance Company (Praetorian). Praetorian submitted a rate filing proposing a modest statewide decrease […]

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Health Plans Request Hearing on Penalty Rule Repeal

Health Plans Request Hearing on Penalty Rule Repeal

America’s Health Insurance Plans (AHIP) has requested a hearing on the Office of Insurance Regulation’s proposed repeal of administrative rule 69O-142.011, sometimes called the “penalty rule.”  The rule classifies many types of violations of the insurance codes into categories, ranging from the most severe to the relatively minor.  The rule then sets forth ranges of […]

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OIR Cautions Against Premature Conclusions from Draft PIP Report

OIR Cautions Against Premature Conclusions from Draft PIP Report

One of the great benefits of Florida’s public records law is early and thorough access to information prepared for or on behalf of the government.  At this same time, this access can lead to dissemination of information before it has been finalized or fully vetted.  This is the case with the draft report titled “Impact Analysis of […]

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