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The Florida Office of Insurance Regulation (OIR) has proposed revisions to administrative rule 69O-137.009 related to residential insurers’ policy data. The rule will adopt updates to the reporting format, which is set forth in a template identified as OIR-DO-1185. The report is commonly referred to as the Market Intelligence Report— a name adopted when former […]
Will the reporting system we’ve known for decades as “QUASR” get a new name? After all, the name is shorthand for the quarterly supplemental reporting requirement by which insurers have provided information, on a quarterly basis and at the county level, about the number of policies they have written, canceled and nonrenewal. However, in the […]
Florida’s First District Court of Appeal has upheld a lower court ruling in favor of State Farm Florida Insurance Company in its claim that its QUASR data submissions constitute trade secrets. The Florida Office of Insurance Regulation collects information from insurers about where they are writing policies (or may be reducing policies). The information is […]
