Insurance storm is brewing this hurricane season
Florida Hurricane Catastrophe Fund, residential insurance, hurricane season, Office of Insurance Regulation, Kevin McCarty, Citizens Property Insurance Corporation, Insurance Regulation
News & Updates
residential insurance
Citizens board seals deal for clearinghouse to shop policies
Citizens clearinghouse, Florida Legislature, residential insurance, Citizens Property Insurance Corporation
Insurance Broker Gardner Appointed Chair of Florida’s Citizens
Rick Scott, residential insurance, Citizens Property Insurance Corporation
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 […]