NAIC: COVID-19 Related Interpretations Adopted by Statutory Accounting Principles (E) Working Group

Coronavirus Disease 2019 (COVID-19) Information

WASHINGTON (April 16, 2020) – The NAIC’s Statutory Accounting Principles (E) Working Group adopted three interpretations related to COVID-19 on April 15. The statutory accounting exceptions allows insurance reporting entities to respond to policyholder needs for premium payment delays and address mortgage loan modification or forbearance requests, while mitigating insurance reporting entity concerns on the…

CFO Patronis Deploys Safeguard for Employing Insurance Agents During COVID-19

Coronavirus Disease 2019 (COVID-19) Information

For Immediate Release: Friday, April 17, 2020 Contact: Office of Communications, Communications@MyFloridaCFO.com, 850.413.2842 CFO Patronis Deploys Safeguard for Employing Insurance Agents During COVID-19 Crisis TALLAHASSEE, Fla. – Today, Florida Chief Financial Officer (CFO) Jimmy Patronis issued a directive that provides the Division of Agent and Agency Services with the ability to begin processing insurance agent…

CFO Issues WC Directive On Carrier Transmission Of Brochures To Claimants & Stop Work Orders

Coronavirus Disease 2019 (COVID-19) Information, Workers' Compensation

FLORIDA DEPARTMENT OF FINANCIAL SERVICES OFFICE OF THE CHIEF FINANCIAL OFFICER CHIEF FINANCIAL OFFICER DIRECTIVE 2020-06 WHEREAS, Novel Coronavirus Disease 2019 (COVID-19) is a severe acute respiratory illness that can spread among humans; and WHEREAS, on March 1, 2020, the State Surgeon General and State Health Officer declared a Public Health Emergency exists in the…

Senate President Galvano’s Memo Re: Fiscal Updates related to COVID-19 – Budget Alert

Coronavirus Disease 2019 (COVID-19) Information

TO: All Senators FROM: Bill Galvano SUBJECT: Fiscal Updates Related to COVID 19 DATE: April 16, 2020 Yesterday you received an updated Florida Senate COVID-19 Constituent Resources Guide, a catalogue of services available to constituents, businesses, and communities impacted by COVID-19. While our first priority during this unprecedented public health emergency is serving our constituents,…

NAIC: The Regulators: Season 2 Episode 4

Coronavirus Disease 2019 (COVID-19) Information

NAIC: The Regulators: Season 2 Episode 4 COVID-19 and Insurance Regulation with NAIC President and South Carolina’s Director Ray Farmer On this month’s episode of The Regulators podcast, South Carolina Insurance Director Ray Farmer speaks to NAIC CEO and host Mike Consedine on how state insurance departments are adjusting, including how they’re helping consumers, learning…

NAIC Releases 2019 Annual Report

General

NAIC Releases 2019 Annual Report The National Association of Insurance Commissioners (NAIC) today released its 2019 Annual Report. In 2019, the organization continued to make great strides on delivering on the policy priorities set by our members, our cultural and operational transformation and advance the work of the state-regulatory system. The Annual Report highlights many…

OIR Updates Reporting Information for AOB, QUASR, P&C Experience, Professional Liability, Gross Annual Premium, Health, & Private Passenger Auto

Coronavirus Disease 2019 (COVID-19) Information, General

OIR Updates Reporting Information for AOB, QUASR, P&C Experience, Professional Liability, Gross Annual Premium, Health, & Private Passenger Auto Announcements: Due to the COVID-19 Public Health Emergency, please be advised that the deadline to report claims data for the Assignment of Benefits (AOB) Data Call has been extended until June 1, 2020. OIR is also…

AIF, FRF, NFIB & FRLA Announce Task Force to Restore Economic Strength through Employment & Tourism

Coronavirus Disease 2019 (COVID-19) Information

AIF, FRF, NFIB & FRLA Announce Task Force to Restore Economic Strength through Employment & Tourism Florida Associations Join Forces for Florida Economic Recovery For Immediate Release: April 13, 2020 Tallahassee, Fla. – The Associated Industries of Florida (AIF), Florida Retail Federation (FRF), National Federation of Independent Business (NFIB) and Florida Restaurant & Lodging Association…