Flood insurance rates set to skyrocket because of new federal law
Office of Insurance Regulation, CFO, residential insurance, Jeff Atwater, flood insurance, Governor Rick Scott
Radey is an AV-rated firm consisting of lawyers who practice before state agencies and in all state and federal courts.
Office of Insurance Regulation, CFO, residential insurance, Jeff Atwater, flood insurance, Governor Rick Scott
residential insurance, Citizens Property Insurance Corporation, Kevin McCarty, Office of Insurance Regulation, hurricane season, Florida Hurricane Catastrophe Fund, Insurance Regulation
Florida Legislature, Citizens clearinghouse, residential insurance, Citizens Property Insurance Corporation
Citizens Property Insurance Corporation, residential insurance, Rick Scott
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 […]