Welcome to the
Office of Insurance Regulation
Hot Topics
Recent Headlines from the Home Page
Flood Damage is not Covered by Homeowners’ Policies
Many Floridians
are unaware that flood damage is not covered by their homeowners'
policies. Information about the National Flood Insurance Program and
how to obtain coverage can be found at the Federal Emergency
Management Agency's Web site.
Commissioner McCarty Responds to CFO Sink’s Second Request for Information About New Property Writers in Florida since 2006
CFO Sink sent a second letter, dated Sept. 1, requesting additional information.
The Office Issues Letter to State Farm Florida on its Request to Eliminate and Reduce Policyholder Discounts
State Farm's voluntary discounts were allowed to be eliminated; its loss mitigation discounts were not allowed to be reduced.
District Court Affirms State Farm Rate Denial
Chronology of events, related documents, statistics and other significant
information pertaining to State Farm's July 16, 2008 rate increase request
Florida Office of Insurance Regulation’s Chief Economist Testifies before U.S. House of
Representatives Subcommittee
Written testimony regarding "The Homeowner's Insurance Crisis: Solutions for Homeowners, Communities,
and Taxpayers"
Efforts to Prohibit Discriminatory Rating Practices
History, hearings and other material on the Office's efforts to curb insurer's use of credit scoring,
occupation and education in making rating determinations
The Office Issues Letter to State Farm Florida on its Request to Eliminate and Reduce Policyholder Discounts
State Farm's voluntary discounts were allowed to be eliminated; its loss mitigation discounts were not allowed to be reduced.
Commissioner McCarty Responds to Rep. Bill Proctor's Letter
Commissioner McCarty clarifies issues
raised by Rep. Proctor about HB 1171
Commissioner McCarty Issues Consent Order of Receivership to Coral Insurance Company
Based on the financial information Coral provided to the Office,
it has been determined that Coral is in an impaired state.
Developmental Disabilities Compact Workgroups
Commissioner McCarty appoints workgroups implementing
the Developmental Disabilities Compact in S.B. 2654
Consumer Advisory:
Commissioner McCarty Issues Order Revoking License of
Palm Beach Windstorm Self-Insurance Trust
Order contains multiple allegations regarding the
Trust’s failure to satisfy conditions upon which the
license was issued
Office Issues Report on Stranger-Originated Life Insurance (STOLI), Cautions Seniors
Read the Report and Find Other Important Information on STOLI Transactions
Palm Beach Windstorm Self-Insurance Trust Surrenders its License
The Trust will continue to pay all outstanding claims and help transition policyholders to other carriers.
Latest Updates
Information on the 2004 - 2008 Hurricane Seasons
This webpage will be updated as information becomes available.
Consumer Helpline
1-877-MyFLCFO (877-693-5236) (In Florida)
850-413-3132 (Out-of-State)