Today, the Florida Office of Insurance Regulation (OIR) issued an update on Florida’s property and casualty insurance market. Following historic legislative reforms designed to promote market stability, eight property and casualty insurers were approved to enter Florida’s insurance market.

The Florida Office of Insurance Regulation will conduct a virtual rate hearing to hear testimony from the Cypress Property & Casualty Insurance Company and receive public comment on their proposed rate filings.

The Florida Office of Insurance Regulation will conduct a virtual rate hearing to hear testimony from the American Traditions Insurance Company and receive public comment on their proposed rate filings.