CFO Patronis Highlights Cybersecurity at AIF Forum in Orlando
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GT: OIR Releases Draft Revisions to Annual and Monthly Forms
By: Greenberg Traurig The comment period for revisions to the Office of Insurance Regulation’s (OIR) annual and monthly forms ended on November 17. The current draft is available here. It is anticipated that adjustments will occur during the final proofreading stage to correct any remaining typos, adjust formatting and numbering, and resolve similar technical issues. …
FIC: Auto Glass Bill Discussed In Senate But Vote Postponed
By: Katrina Callaway, FIC General Counsel During its meeting last week, the Senate Banking and Insurance amended and discussed SB 312, the bill that prohibits repair shops from offering incentives to consumers for making an insurance claim to repair their windshield. However, as the allotted committee time was running short, Chair Broxson (R) said that…
FIC: Reinsurance Market Update Given To Senate Committee
By: Katrina Callaway, FIC General Counsel During last week’s Senate Banking and Insurance Committee meeting, the Office of Insurance Regulation (OIR) provided an overview of reinsurance and discussed price trends for reinsurance. Their presentation can be found here starting at page 69. OIR told the Committee that reinsurance is important because it expands capacity in…
FIC: Citizens Property Updates Committee On AOB And Litigation
By: Katrina Callaway, FIC General Counsel During its committee meeting last week, the Senate Banking and Insurance Committee received a short update from Citizens Property Insurance on AOB and litigation trends. Because their presentation was cut off due to time constraints, it will be rescheduled for a later meeting. The Citizens’ presentation can be found…