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All Press Releases


  • Florida's Temporary Market Stabilization Arrangement Accepted by Fannie Mae and Freddie Mac

    Published: Dec 7, 2022
    The Federal National Mortgage Association (Fannie Mae) and the Federal Home Loan Mortgage Corporation (Freddie Mac) noticed all of its Single-Family Sellers/Servicers with guidance on the acceptance of property insurance policies in Florida, in conjunction with the Florida Office of Insurance Regulation's (OIR) establishment of the Temporary Market Stabilization Arrangement.
  • Notice to Industry: OIR's Office of Inspector General Seeks CFA Reaccreditation

    Published: Nov 14, 2022
    The Florida Office of Insurance Regulation's (OIR) Office of Inspector General (OIG) will be undergoing an assessment by the Commission for Florida Law Enforcement Accreditation (CFA) in an effort to retain accredited status. On December 15, 2022, the CFA assessment team will examine all aspects of OIR's OIG Investigations Section, including policies and procedures, management, operations, and support services.
  • NOTICE TO INDUSTRY: Hurricane Nicole and Hurricane Ian OIR Emergency Order

    Published: Nov 10, 2022
    Following Governor DeSantis' Emergency Order 22-256, and pursuant to sections 252.63(1) and 627.4133(2)(d)1., Florida Statutes, the Florida Office of Insurance Regulation issued Emergency Order 302804-22 for Hurricane Nicole and Hurricane Ian.
  • NOTICE TO INDUSTRY: Florida Law Reminder for Early Prescription Refills for Subtropical Storm Nicole

    Published: Nov 8, 2022
    This notice is a reminder that all health insurers, managed care organizations, and other health entities must comply with provisions of section 252.358, Florida Statutes, which allows for early prescription refills in the event the Governor issues an Executive Order declaring a State of Emergency. This mandate remains in effect until the Governor’s Executive Order is rescinded or expires. Please be governed accordingly.
  • OIR Approves an 8.4% Decrease in Workers' Compensation Insurance Rates for 2023

    Published: Nov 7, 2022
    Florida Insurance Commissioner David Altmaier issued a Final Order granting approval to the National Council on Compensation Insurance (NCCI) for a statewide overall workers’ compensation insurance rate decrease of 8.4 percent. The rate decrease applies to both new and renewal workers’ compensation insurance policies effective in Florida as of January 1, 2023.
  • Notice to Industry:  Electric Vehicle Safety Tips for Consumers

    Published: Nov 4, 2022
    Recently, Chief Financial Officer (CFO) and State Fire Marshal Jimmy Patronis issued a consumer alert to warn Floridians about the dangers of electric vehicle fires caused by submersion in saltwater, which are associated with impacts from Hurricane Ian. The Florida Office of Insurance Regulation (OIR) is providing the consumer alert for insurers to share with policyholders.
  • ICYMI: Governor Ron DeSantis Announces Opening of First Disaster Recovery Center in Fort Myers for Floridians Impacted by Hurricane Ian

    Published: Oct 4, 2022
  • Hurricane Ian OIR Emergency Order: Extension of Grace Periods; Limitations on Cancellations and Nonrenewals; Deemers and Limitations on Use and File Filings

    Published: Sep 28, 2022
  • NOTICE TO INDUSTRY: Florida Law Reminder for Early Prescription Refills for Tropical Storm Ian

    Published: Sep 25, 2022
  • Florida Establishes Temporary Reinsurance Arrangement for Insurers Facing Potential Financial Stability Rating Downgrades

    Published: Jul 27, 2022
    Today, the Florida Office of Insurance Regulation (OIR) announced a plan to establish a temporary reinsurance arrangement through Citizens Property Insurance Corporation (Citizens) in the event of disruptive financial rating downgrades from Demotech, Inc. This unprecedented solution would allow insurers to meet an exception offered by the Federal National Mortgage Association (Fannie Mae) and the Federal Home Loan Mortgage Corporation (Freddie Mac) and ensures Floridians can maintain coverage during hurricane season.
  • OIR Issues Orders Establishing 2022 Rates for Citizens Property Insurance Corporation

    Published: Jun 24, 2022
    Tallahassee, Fla. – The Florida Office of Insurance Regulation (OIR) has established the 2022 personal property and commercial property insurance rates for Citizens Property Insurance Corporation (Citizens). OIR held a virtual public rate hearing to receive public comment on the filings on March 31, 2022. At the hearing, Citizens provided testimony in support of its rate recommendations and received comments from members of the public on the effects of the rate filings. Public comments were accepted for consideration on rate filings until April 14, 2022. Following a review of the complete record, OIR established rates for Citizens’ Coastal Account (CA), Commercial Lines Account (CLA), and Personal Lines Account (PLA). The effective date for new and renewal rates is September 1, 2022.
  • Governor DeSantis' 2022-2023 Freedom First Budget Strengthens Florida Insurance Consumer Protections

    Published: Jun 7, 2022
    Tallahassee, Fla. – The Florida Office of Insurance Regulation (OIR) released the following statement today in support of Governor DeSantis' 2022-2023 Freedom First Budget: “Governor DeSantis continues to demonstrate his commitment to Florida insurance consumers through the Freedom First budget. Florida has one of the largest insurance markets in the world and this budget helps strengthen consumer protections and promote a more resilient market,” said Insurance Commissioner David Altmaier.
  • Insurance Commissioner Altmaier Statement on Governor DeSantis Signing Senate Bill 2-D

    Published: May 26, 2022
    Tallahassee, Fla. - Today, Insurance Commissioner David Altmaier issued the following statement after Governor Ron DeSantis signed Senate Bill 2-D: “Florida’s property insurance market is one of the most complex in the world and I commend the leadership of Governor DeSantis, CFO Patronis, and the Florida Legislature for tackling market challenges head on to enact historic and comprehensive insurance reform. This legislation strengthens protections for Florida insurance consumers, provides greater tools to hold insurance companies accountable, and promotes the long-term stability of our market,” said Insurance Commissioner David Altmaier.
  • WHAT THEY ARE SAYING: Florida Property Insurance Reforms

    Published: May 24, 2022
    Tallahassee, Fla. - Monday, Florida legislators convened to review some of the most robust and significant property insurance reforms in decades to combat rising insurance costs. Senator Jim Boyd presented proposed legislation which balance pro-consumer measures, increase the transparency in insurance claims, and provide anti-fraud and legal reforms to stabilize the market. Read more on what they are saying below.
  • Insurance Commissioner Altmaier Statement on Governor DeSantis Signing SB 1058, Property Insurer Reimbursements

    Published: May 20, 2022
    Tallahassee, Fla. - Today, the Florida Office of Insurance Regulation (OIR) released the following statement thanking Governor DeSantis for signing SB 1058, Property Insurer Reimbursements: “I commend Governor DeSantis, CFO Patronis, President Simpson, and Speaker Sprowls for their leadership on SB 1058. This legislation helps protect consumers by facilitating private market solutions for policyholders of unsound insurers and eliminating potential coverage gaps for collateral protection insurance policies. I am thankful to Senator Hutson and Representative Stevenson for spearheading this effort,” said Insurance Commissioner David Altmaier.
  • Florida Farm Bureau General Insurance Company and Florida Farm Bureau Casualty Insurance Company Public Rate Hearing

    Published: May 16, 2022
    The Florida Office of Insurance Regulation will conduct a virtual rate hearing to hear testimony from Florida Farm Bureau General Insurance Company and Florida Farm Bureau Casualty Insurance Company and receive public comment on their proposed rate filings.
  • First Floridian Auto and Home Insurance Company Public Rate Hearing

    Published: May 16, 2022
    The Florida Office of Insurance Regulation will conduct a virtual rate hearing to hear testimony from First Floridian Auto and Home Insurance Company and receive public comment on their proposed rate filings.
  • Kin Interinsurance Network Public Rate Hearing

    Published: May 16, 2022
    The Florida Office of Insurance Regulation will conduct a virtual rate hearing to hear testimony from Kin Interinsurance Network and receive public comment on their proposed rate filings. The hearing information is available here.
  • MEDIA ADVISORY: Florida Health Insurance Advisory Board Meeting

    Published: Apr 13, 2022
    The Florida Health Insurance Advisory Board will hold a public meeting via conference call to conduct regular and general business of the Board. WHEN: Wednesday, April 13, 2022, 2:30 PM ET
  • Citizens Property Insurance Corporation Public Rate Hearing

    Published: Mar 30, 2022
    The Florida Office of Insurance Regulation will conduct a virtual rate hearing to hear testimony from Citizens Property Insurance Corporation and receive public comment on their proposed rate filings. WHEN: Thursday, March 31, 2022, 1:00 PM ET