Office of Insurance Regulation News

Insurance Fraud Focus for Newly Appointed Deputy Financial Officer

Former Secretary of the Florida Department of Corrections Julie Jones has been appointed Deputy Chief Financial Officer within the Office of Chief Financial Officer, according to a statement from the Florida Department of Financial Services. As Deputy CFO, Jones will …

Fla. Supreme Court Rules Collector Car Policy Must Include Uninsured Motorist Coverage

Specialty insurance products sold to classic car collectors must include coverage for damages caused by uninsured motorists — even if the owner is driving a vehicle not covered by the policy, the Florida Supreme Court ruled. All five justices who …

Florida Regulators Question Auto Insurance Savings

Florida regulators are warning that a preliminary report estimating a new law will cut no-fault auto insurance premiums by 12 percent to 20 percent may be misleading and overly optimistic. The Office of Insurance Regulation released a consulting firm’s draft …

Report: Florida Workers’ Comp Market ‘Competitive’

The state’s annual report on workers’ compensation insurance says Florida’s market is “competitive,” and its availability is not a significant problem. The Office of Insurance Regulation issued the report Wednesday on the coverage employers buy for workers who are hurt …