Florida consumer advocates: Taxing foreign property insurers will raise rates
reinsurance, Insurance Consumer Advocate, Insurance regulation new
News & Updates
reinsurance
OIR Memorandum Provides Guidance on Reinsurance Coverage
OIR has issued an informational memo OIR-10-01M notifying property insurers of a modified approach to the OIR’s requirements for minimum reinsurance coverage for catastrophe reinsurance. The memo states: “This year the Office of Insurance Regulation (Office) will be looking at the totality of the catastrophe risk from multiple storms and ultimately the insurer’s ability to […]