News & Updates

Office of Insurance Regulation

OIR Seeks to Repeal Penalty Guidelines

OIR Seeks to Repeal Penalty Guidelines

Florida’s administrative rule providing guidelines for insurer penalties might go by the wayside under a proposal by the Office of Insurance Regulation.  The agenda for today’s Cabinet meeting indicates that the OIR will seek authority to repeal the existing rule, 69O-142.011.  The rule has been in effect since November 6, 1994. The repeal of this […]

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OIR Expands Forms Certification Process

OIR Expands Forms Certification Process

The Office of Insurance of Insurance Regulation has issued a second order allowing property and casualty insurers to certify their forms’ compliance with Florida law rather than going though the regulatory process.  The current order applies to all property and casualty lines of business other than workers’ compensation.  A similar order issued earlier this year […]

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OIR Encourages Use of Certifications for Commercial Filings

OIR Encourages Use of Certifications for Commercial Filings

The Florida Office of Insurance Regulation continues to encourage insurers writing commercial property and casualty insurance to consider the forms certification process to help reduce the filing backlog.  Over the last two years, the Florida legislature has reduced the rate filing requirements associated with certain types of commercial property and casualty insurance.  Earlier this year […]

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P&C Product Review Discusses Top Filing Mistakes

P&C Product Review Discusses Top Filing Mistakes

The Florida Office of Insurance Regulation’s property and casualty product review section discussed the most common filing mistakes at the OIR’s recent business development conference.  The current backlog of property and casualty form filings is a concern of both the OIR and the industry, and the OIR hopes that identifying common filing mistakes can play […]

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OIR Conference Emphasizes Business Development

OIR Conference Emphasizes Business Development

The Florida Office of Insurance Regulation hosted its business development conference last week in Tallahassee.  The event marked the first time in four years that the OIR has hosted the conference.  Although styled as a filing conference in the past, the title of this year’s conference was expanded to include business development as the OIR […]

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