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The Florida Office of Insurance Regulation (OIR) will hold a public hearing at 10:00 a.m. on October 14 to receive input regarding the National Council on Compensation Insurance’s (NCCI’s) recent rate filing proposing an average decrease of 4.9%. According to NCCI, in 2020 the workers’ compensation insurance industry posted its fourth consecutive year of underwriting […]
Insurance Regulation News, COVID-19, pandemic, business policies
Florida’s Emergency Operations Center (EOC) is scheduled to reopen today after a recent closure due to 12 positive COVID-19 tests among its personnel. The state Division of Emergency Management began testing EOC personnel about three weeks ago as part of its precautionary measures. When 12 of the 150 employees tested positive, the EOC quickly moved […]
Florida’s Division of Emergency Management is revisiting hurricane response plans in light of the potential continuing effects of the COVID-19 pandemic. The Atlantic Hurricane Season begins in a little over a month, so the state faces a likelihood that its hurricane response efforts might need to be adjusted this year compared to prior years. In […]
The Florida Office of Insurance Regulation has issued Information Memorandum OIR-20-03M related to insurers’ business continuity plans and preparedness for the COVID-19 pandemic. The OIR issued the memorandum in response to Executive Order 20-51 issued by Governor Ron DeSantis establishing COVID-19 response protocols. Governor DeSantis also issued Executive Order 20-52 declaring a state of emergency […]
