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Foreign Ownership of Florida Insurers: Concern With Country Concentration

Florida wrapped up its 2022 legislative session on March 14 with one proposed bill that did not make it across the finish but is expected to receive continued attention in the 2023 session. The proposal would establish a new...more

Action-Packed Spring for NAIC Special Committee on Race and Insurance

The NAIC Special Committee on Race and Insurance is moving full steam ahead in 2022, with a packed agenda during the April NAIC Spring 2022 National Meeting in Kansas City....more

Two Property and Casualty Bills Headed to Fla. Governor: What Insurers Need to Know

The Florida Legislature adjourned the 2022 session on Monday, March 14. Though the Legislature was unable to reach a consensus on a major property insurance reform bill, it did pass a handful of insurance-related bills, which...more

New Property Claims Litigation Data Call and Template

The Florida Office of Insurance Regulation (OIR) announced that it will host a rules workshop for public comments regarding its development of a rule to implement Ch. 2021-77, Laws of Florida. As a result of the passage of SB...more

Workers' Compensation Rate Hearing and Proposed Cat Fund

The Florida Office of Insurance Regulation conducted a rate hearing last week to discuss the National Council on Compensation Insurance's (NCCI) proposed overall average statewide workers’ compensation premium decrease of...more

FOIR Releases Guidance on New Disclosure Requirements for Health Insurers, MCOs

The Florida Office of Insurance Regulation released an informational memorandum on Friday to all health insurers and managed care organizations authorized to do business in Florida to provide guidance regarding new disclosure...more

The Three R’s of LTC Insurance and Wellness: Regulation, Rebates, and RBOs

Studying whether to include offering a wellness program as part of a long-term care insurance policy? Your homework should include reviewing what is happening at the legislative and regulatory levels and the NAIC....more

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