News & Updates
Office of Insurance Regulation
Bill would let property insurers raise premiums up to 15% without state approval
Office of Insurance Regulation, Insurance Regulation News, HB 447
Buyer beware
More new Florida property insurers in trouble
Rate Process, Depreciation Holdback Among Key Legislative Issues
Each year at the outset of the legislative session, there is considerable speculation as to proposals that might pass and those that will fall by the wayside. Some proposals evoke strong feelings from opposing sides of the debate, as is likely to be the case in 2010 with proposals like the “consumer choice” bill that […]
Florida OIR relaxes rule for German reinsurer
Bills would allow property insurers to raise rates in Florida
McCarty Taps Jack McDermott for Director of Communications
On February 1, Insurance Commissioner Kevin McCarty announced that he was removing the “acting” from Jack McDermott’s title, making him the Director of Communications for the Office of Insurance Regulation. His duties will include overall media relations, public information, speechwriting and content of all Office reports and publications. Jack has worked at the Office for […]
Final Report Discusses Mitigation Discount Process
The Florida Commission on Hurricane Loss Projection Methodology has released its final Windstorm Mitigation Discounts Report discussing problems with the current mitigation discount process and recommending a series of potential solutions. The 2009 Florida Legislature asked the modeling commission to review the current process by which personal and commercial residential policyholders receive discounts on their […]
FSU Panel Discussion Slated for Today
The Center for Insurance Research, part of the Risk Management & Insurance Program at the Florida State University College of Business, holds its first panel discussion luncheon today at 11:30. The distinguished panel will include German professor Dr. Andreas Richter, Moira Campion McConaghy of the National Association of Insurance Commissioners, and Kevin McCarty, Commissioner of […]