News & Updates

Office of Insurance Regulation

New Law Revises FIGA Recoupment Process

New Law Revises FIGA Recoupment Process

A bill passed in the 2010 legislative session relating to recouping Florida Insurance Guaranty Association assessments will become law effective July 1, 2010.  The new law (Chapter Law 2010-49) streamlines the process by which insurers may recoup assessments levied by FIGA.  An insurer seeking to recoup an assessment will make an informational filing with the […]

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OIR Memorandum Addresses Health Insurance Requirements

OIR Memorandum Addresses Health Insurance Requirements

The Florida Office of Insurance Regulation has issued Informational Memorandum OIR-10-03M relating to the recent federal health insurance legislation.  The memorandum identifies the following changes as being effective September 23, 2010, and applicable to a group health plan and a health insurance issuer offering group or individual health insurance coverage. Policies issued on or after September 23, […]

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11th Circuit Court Affirms Coventry Decision

11th Circuit Court Affirms Coventry Decision

Coventry First, LLC v Kevin McCarty, Commissioner of the Florida Office of Insurance Regulation (11th Circuit Court of Appeals) The 11th Circuit Court of Appeals issued an order on May 5, 2010 affirming a decision by the Northern District of Florida dismissing Coventry First LLC’s complaint for injunctive relief.  The Florida Office of Insurance Regulation […]

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