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All Press Releases


  • OIR Approves Application to Form as an Authorized Domestic Insurer, Increasing Options for Consumers in Florida’s Property and Casualty Insurance Market

    Published: Apr 18, 2023
    The Florida Office of Insurance Regulation (OIR) has approved Tailrow Insurance Company’s application for the issuance of a permit to become an authorized domestic insurer and write homeowners mutli-peril line of insurance in Florida.
  • American Strategic Insurance Corp. & ASI Preferred Insurance Corp. Public Rate Hearing

    Published: Apr 4, 2023
    The Florida Office of Insurance Regulation will conduct a virtual rate hearing to hear testimony from American Strategic Insurance Corp. & ASI Preferred Insurance Corp. and receive public comment on their proposed rate filings.
  • Cypress Property & Casualty Insurance Company Public Rate Hearing

    Published: Apr 4, 2023
    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.
  • Kin Interinsurance Network Public Rate Hearing

    Published: Mar 28, 2023
    The Florida Office of Insurance Regulation will conduct a virtual rate hearing to hear testimony from the Kin Interinsurance Network and receive public comment on their proposed rate filings.
  • First Community Insurance Company Public Rate Hearing

    Published: Mar 28, 2023
    The Florida Office of Insurance Regulation will conduct a virtual rate hearing to hear testimony from the First Community Insurance Company and receive public comment on their proposed rate filings.
  • Financial Services Commission Appoints Michael Yaworsky as Insurance Commissioner

    Published: Mar 13, 2023
    Today, the Financial Services Commission appointed Michael Yaworsky as the Insurance Commissioner for the Florida Office of Insurance Regulation (OIR). Michael Yaworsky has served as Interim Insurance Commissioner since being nominated by Governor DeSantis in February 2023.
  • Governor Ron DeSantis Nominates Michael Yaworsky as Commissioner of the Office of Insurance Regulation

    Published: Feb 10, 2023
    Today, Governor Ron DeSantis nominated Michael Yaworsky as Commissioner of the Office of Insurance Regulation (OIR). Yaworsky is currently Vice Chair of the Florida Gaming Control Commission and previously served as Chief of Staff of OIR.
  • 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.