News & Updates

Office of Insurance Regulation

Robin Westcott Named Insurance Consumer Advocate

Robin Westcott Named Insurance Consumer Advocate

Chief Financial Officer Jeff Atwater has named Robin Westcott as Florida’s next Insurance Consumer Advocate.  CFO Atwater chose Ms. Westcott based on her long career in insurance regulation and her knowledge of issues that affect the insurance-buying public.  “Robin will be an ardent, outspoken and persistent advocate for Florida’s insurance consumers,” said CFO Atwater.  “She is committed to […]

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NIMA Gains 6th State

NIMA Gains 6th State

The Florida Office of Insurance Regulation has announced that South Dakota has become the 6th state to join the Non-Admitted Insurance Multi-State Agreement. According to OIR, the six NIMA states represent 19.6 percent of the surplus lines market countrywide, according to 2009 data. The OIR believes additional states may join NIMA when the July 21, […]

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OIR Issues Memorandum on Surplus Requirements

OIR Issues Memorandum on Surplus Requirements

The Florida Office of Insurance Regulation has issued an informational memorandum (OIR-11-05m) summarizing the minimum surplus requirements for property and casualty insurers as revised in SB 408. The bill was signed into law on May 17, 2011, and the surplus requirements became effective at that time. The new law specifies that a new insurer writing […]

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RTYC Insurance Practice Named to Chambers’ Top Tier

RTYC Insurance Practice Named to Chambers’ Top Tier

The insurance practice at Radey Thomas Yon & Clark, P.A. has again been named a Top Tier Practice by Chambers USA.  Chambers again cited the work of David Yon, Harry Thomas, and Travis Miller as key components of the firm’s strong presence in insurance law. Chambers mentions that RTYC “has a reputation for being able […]

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