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Senate bill 1386 proposed for the 2012 legislative session would adopt the Interstate Insurance Product Regulation Compact in Florida and improve the efficiency of bringing certain products to market in this state. The bill recognizes that the marketplace for lif insurance, annuities, disability income insurance and long-term care insurance have changed over the years warranting […]
December 31 marks the end of another calendar year, and with that we close the books on another active year in the Florida insurance market. Florida’s diverse population, large base of potential policyholders and unique political and market issues tend to mean that insurance-related topics are prevalent in each year’s headlines. We began this year […]
Insurance Regulation News, Office of Insurance Regulation, Kevin McCarty, Health Care
Insurance Regulation News, PIP, Office of Insurance Regulation
Financial Services Commission, mitigation discounts, Insurance Regulation News, Office of Insurance Regulation
Insurance Regulation News, PIP, auto insurance, Jeff Atwater, Florida Legislature, Office of Insurance Regulation
Insurance Consumer Advocate Robin Westcott has requested information from insurers writing personal injury protection (PIP) auto insurance. The request for information, made through an open letter to the auto insurance industry, is designed to facilitate the Consumer Advocate’s analysis of problems with PIP and potential solutions. As noted in her letter, the Consumer Advocate has […]
Florida Insurance Commissioner Kevin McCarty and Georgia Insurance Commissioner Ralph Hudgens have renewed an agreement between the states to ensure continuity of operations of mission critical functions in the event of a catastrophe that causes significant disruption to either state’s operations. Under the agreement, members of an affected state will use temporary workspace designated by […]
The last week has brought good news to Commissioner Kevin McCarty and the Florida Office of Insurance Regulation. Governor Risk Scott recently commented that he is saitisfied with the job Commissioner McCarty has been doing and expects the OIR to be part of the solution as he pushes toward reducing the size of Citizens Property […]
Insurance Regulation News, PIP, auto insurance, Office of Insurance Regulation
