Workers’ compensation insurance policies will be a bit more affordable in Florida thanks to an Office of Insurance Regulation (OIR) decision this week to lower rates by 6.9%.
TALLAHASSEE — In an extraordinary criticism of one state agency by another, Florida’s Office of Insurance Regulation told legislators that a department led by then-Chief Financial Officer Jimmy ...
In an extraordinary criticism of one state agency by another, Florida’s Office of Insurance Regulation told legislators that a department led by then-Chief Financial Officer Jimmy Patronis may have ...
Florida’s insurance market, the seventh-largest in the world, is in good shape as hurricane season comes to a close, according to the Office of Insurance Regulation. Private companies have moved into ...
PALM BEACH GARDENS, Fla. — Florida's Office of Insurance Regulation (OIR) has sent a subpoena to Weiss Ratings in Palm Beach Gardens over the firm's data showing many insurers, including Citizens, ...
Eight home insurance companies have been fined a total of $2.1 million for claims-handling misconduct, including failure to deny or pay claims on a timely basis, following hurricanes Ian and Idalia, ...
The Office of Insurance Regulation says the market is more stable than it has been in a decade, but many residents like Gary Howard are still struggling. Howard, who lives in the Southern Pines ...
Press releases are posted on Independent.com as a free community service. SACRAMENTO, Calif. — Today Insurance Commissioner Ricardo Lara enforced his “first of its kind” catastrophe modeling and ...
For Floridians, whose average property insurance bills are the highest in the country, it might be hard to believe that the formula determining their costs depends on more than bad luck. Although ...
Insurance Commissioner Ricardo Lara announced the final major step in his Sustainable Insurance Strategy, issuing a historic regulation aimed at restoring stability to California’s insurance market ...
In a year that began with devastating wildfires, California is proposing a disclosure regime to address the long-term solvency of insurers.
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