Will private insurers surge into flood insurance market?
Kevin McCarty, Office of Insurance Regulation, residential insurance, property insurance, flood insurance, National Flood Insurance Program
News & Updates
residential insurance
Flood insurance rates set to skyrocket because of new federal law
Jeff Atwater, Office of Insurance Regulation, CFO, residential insurance, flood insurance, Governor Rick Scott
Insurance storm is brewing this hurricane season
Citizens Property Insurance Corporation, Kevin McCarty, Office of Insurance Regulation, hurricane season, residential insurance, Florida Hurricane Catastrophe Fund, Insurance Regulation
Citizens board seals deal for clearinghouse to shop policies
Citizens Property Insurance Corporation, residential insurance, Florida Legislature, Citizens clearinghouse
Insurance Broker Gardner Appointed Chair of Florida’s Citizens
Citizens Property Insurance Corporation, residential insurance, Rick Scott
OIR Issues Memorandum on Surplus Requirements
The Florida Office of Insurance Regulation has issued an informational memorandum (OIR-11-05m) summarizing the minimum surplus requirements for property and casualty insurers as revised in SB 408. The bill was signed into law on May 17, 2011, and the surplus requirements became effective at that time. The new law specifies that a new insurer writing […]