Florida state regulation News

Florida Extends ‘Fast Track’ Policy Form Approval

Florida insurance regulators are extending a process that fast tracks approval of insurance company forms. The Office of Insurance Regulation (OIR) says the extension until June 2013 is necessary due to limited resources and a backlog of requests. Insurance Commissioner …

Florida Approves More Policy Takeouts at Citizens; Also OKs Commercial Rate Hikes

Florida regulators announced that two property insurance companies have been approved to take out up to 100,000 policies from the state-backed insurer in December, adding to the 210,000 policies already slated for removal in November. State regulators also approved the …