News & Updates

personal lines

Law Change Authorizes Electronic Delivery of Personal Lines Policies

Law Change Authorizes Electronic Delivery of Personal Lines Policies

The Florida legislature passed House Bill 273 in the 2015 regular session allowing the electronic delivery of personal lines insurance documents.  The bill has been approved by the Governor and is now reflected in Chapter Law 2015-170. The new law amends section 627.421, Florida Statutes, to provide that personal lines policyholders may affirmatively elect to […]

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House Committee Takes Up Range of Insurance Bills

House Committee Takes Up Range of Insurance Bills

The House Insurance Committee is scheduled to hear several insurance bills in a meeting today: HB 53 would apportion part of the Florida Hurricane Catastrophe Fund’s investment income to the Florida Catastrophic Storm Risk Management Center associated with Florida State University. HB 119 would amend the definition of assets at Section 625.012, Florida Statutes, to […]

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Office of Insurance Regulation Issues Citizens Rate Order

Office of Insurance Regulation Issues Citizens Rate Order

The Florida Office of Insurance Regulation has issued an order establishing the 2015 rates for Citizens Property Insurance Corporation’s personal lines programs.  The statewide average homeowners rate decrease is 3.7%, which is a slightly greater reduction than the 3.4% decrease filed by Citizens.  The OIR’s order sets rates for Citizens Homeowners’, Dwelling Fire, Mobile Homeowners and Mobile Homeowners Physical Damage policies.  […]

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Property & Casualty Form Filings

Travis Miller discusses the return of the traditional method of form filing review by OIR pertaining to personal lines as the certification process comes to an end December 31, 2013.

Personal Lines Forms Certification Process to End

Personal Lines Forms Certification Process to End

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 […]

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Personal Lines Forms Certification Available Through December 31

Personal Lines Forms Certification Available Through December 31

The Florida Office of Insurance Regulation has issued a new administrative order extending the opportunity to certify personal lines property and casualty insurance forms through December 31, 2013.  The OIR previously issued orders allowing insurers to certify both commercial lines and personal lines forms, except for workers’ compensation forms.  A newly enacted statute (section 627.4102) takes effect for […]

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Statute Allowing Commercial P&C Forms Certifications Takes Effect July 1

Statute Allowing Commercial P&C Forms Certifications Takes Effect July 1

The Florida legislature in Senate Bill 468 created a new section 627.4102, Florida Statutes, relating to the informational filing of property and casualty product forms.  The bill was approved by Governor Scott and became Chapter Law 2013-66. The new statute takes effect July 1, 2013.  It allows insurers to certify the compliance of their property […]

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Legislature Revises Forms Certifications and Rate Exemptions

Legislature Revises Forms Certifications and Rate Exemptions

The legislature altered Florida’s form and rate filing statutes in SB 468.  Perhaps most significantly, the legislature specified that a forms certification process similar to the one currently in effect by OIR order will continue for commercial property and casualty insurance.  However, personal lines and workers’ compensation are specifically carved out of the statutory change […]

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