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As 2013 draws to a close, so will the process by which personal lines insurers may certify their forms’ compliance with the Florida Insurance Code. Through a series of orders, the Office of Insurance Regulation has allowed property and casualty insurers in most lines of business to certify their forms’ compliance with applicable requirements, thereby […]
Insurance Commissioner Kevin McCarty announced that Rebecca Matthews has been appointed as the Office of Insurance Regulation’s Chief of Staff. She has been serving as interim Chief of Staff since Audrey Brown’s departure in earlier this year. Ms. Matthews has been with the OIR since 2008. During her time with the agency, she has been involved […]
The Office of Insurance Regulation has issued an order adopting its profit and contingency factors for 2013. As set forth in the order, the OIR publishes the profit and contingency factors for insurers to use of they are unable to produce credible profit and contingency factors from their own data. The factors for key lines […]
The Florida Office of Insurance Regulation announced that Rebecca Matthews will serve as its Interim Chief of Staff. Ms. Matthews currently serves as the Deputy Chief of Staff. Matthews succeeds Audrey Brown who had served as Chief of Staff since 2007. Ms. Matthews joined OIR in 2008. Her responsibilities have included government affairs, including legislative and Cabinet affairs, market research and […]
OIR, Personal Injury Protection, Florida Legislature, Insurance Regulation
health insurance exchange, OIR, Affordable Care Act, Health Care
Florida Legislature, OIR, property insurance, Citizens Property Insurance Corporation
homeowners, Citizens, OIR, property insurance, Insurance Regulation
Florida’s Auditor General recently issued Report 2014-009 relating to its operational audit of the Florida Office of Insurance Regulation. The Office of Insurance Regulation in turn has provided its responses to the audit findings. The report identified the following four findings: Finding No. 1: Office policies and procedures should be enhanced to require that the […]
The Florida Office of Insurance Organization has issued an order approving the reorganization plan of Blue Cross and Blue Shield of Florida, Inc. d/b/a Florida Blue subject to certain conditions. Florida Blue proposed to reorganize by creating a new not-for-profit mutual insurance holding company to be owned by Florida Blue’s policyholder-members. The new mutual insurance holding […]
