Insurance Industry Regulated by OIR
Insurance Related Entities in Florida
Florida GDP Generated by Insurance Industry, 2020
Insurance Industry Jobs
IN THE NEWS
OIR Approves New Application to Form a Domestic Property Reciprocal InsurerPublished: Nov 21, 2023The Florida Office of Insurance Regulation (OIR) approved Condo Owners Reciprocal Exchange to form as a property and casualty reciprocal insurer in Florida. Today’s announcement marks the newest property and casualty insurer approved to operate in Florida following extensive legislative reforms implemented to promote continued market stabilization. As a result of these reforms, Florida is seeing additional opportunities in the market for insurers to sell insurance.
OIR Approves an 15.1% Decrease in Workers' Compensation Insurance Rates for 2024Published: Nov 13, 2023Florida Insurance Commissioner Michael Yaworsky issued a Final Order granting approval to the National Council on Compensation Insurance (NCCI) for a statewide overall workers’ compensation insurance rate decrease of 15.1 percent.
ICYMI: Governor Ron DeSantis Announces Implementation of Florida’s Prescription Drug Reform ActPublished: Sep 19, 2023Governor Ron DeSantis and members of the Florida Cabinet approved rules to implement several provisions of the Prescription Drug Reform Act (SB 1550).