Florida Insurance Commissioner Kevin McCarty announced today that he will be resigning effective May 2, 2016. McCarty has served as commissioner for 12 years. “I am looking forward to exploring new opportunities that will allow me to use the skills, knowledge and expertise I’ve gained as Insurance Commissioner. In the
In Florida, non-weather related claims are rising, driven by an unscrupulous practice known as Assignment of Benefits. Water restoration and roofing contractors go door to door, offer free inspections to unsuspecting homeowners, then convincing the homeowner to sign the policy rights over to them. In most cases, the homeowner never
TALLAHASSEE, Fla. – The Florida Office of Insurance Regulation wants to remind consumers aged 65 or older who may be considering the purchase of a Medicare Supplement policy (also known as Medigap) during the current Medicare Advantage open enrollment period to search the CHOICES system at http://www.floir.com/choices.aspx. Medicare Supplement policies
With open enrollment for the Federal Exchange beginning in a matter of days, the Office of Insurance Regulation is encouraging Floridians to do their homework before selecting their marketplace plan. With so many plan options and levels available to consumer on the exchange, it is wise to encourage a deeper
Today, the First District Court of Appeal denied Security First’s motion seeking the court to rehear its decision in Security First Insurance Company v. State of Florida, Office of Insurance Regulation, Case No. 1D14-1864 (Fla. 1st DCA Oct. 26, 2015). Security First had filed a proposed form with OIR requiring
TALLAHASSEE, FL – Citizens Property Insurance Corporation, the state-run insurer of last resort, is prepared to handle possible claims stemming from Tropical Storm Erika and is urging policyholders to make preparations now to protect themselves, their families and their homes. “The bottom line is Citizens is ready to handle Tropical
TALLAHASSEE, Fla. – The Florida Office of Insurance Regulation announced today that premiums for Florida individual major medical plans in compliance with the federal Patient Protection & Affordable Care Act (PPACA) will increase an average of 9.5% beginning January 1, 2016. Per federal guidelines, a total of 19 health insurance
TALLAHASSEE, FL – Documents related to Citizens 2016 rate proposal, including opening statements by President/CEO and Executive Director Barry Gilway and Chief Risk Officer John Rollins are available on Citizens website in the 2016 Rate Hearing kit. County-by-county rate recommendations for homeowners (HO-3) insurance policies and a copy of the
TALLAHASSEE — State Sen. Denise Grimsley told POLITICO Florida on Wednesday that she will introduce four high-profile health-care bills in the 2016 session. They will deal with certificate of need, prescribing privileges for advanced registered nurse practitioners, ambulatory surgical centers, and “direct primary care.” The package sounds a lot like
The Florida Office of Insurance Regulation (Office) will conduct a public hearing to discuss Citizens’ proposed rate changes for its business in the multi-peril and wind only Coastal Account (CA), Commercial Lines Account (CLA), and the Personal Lines Account (PLA).