Office of Insurance Regulation

Florida’s Outgoing Insurance Commissioner Reflects On Job

Jun 13, 2016

Kevin McCarty, Florida's longtime insurance commissioner, is leaving the Office of Insurance Regulation during the first week of July.

Scott Interviews Insurance Commissioner Candidates

Apr 25, 2016

Two days after Gov. Rick Scott professed support for his lone finalist to be the state's next insurance commissioner, the governor interviewed four others who have applied for the position.

Workers Comp Rates To Drop 5.1 Percent

Nov 4, 2015

State regulators issued an order Tuesday that calls for overall workers-compensation insurance rates to drop by 5.1 percent next year.

Workers Comp Premiums Could Be Trimmed

Aug 24, 2015

State regulators will consider a proposal to reduce workers-compensation insurance premiums by an average of 2.2 percent in 2016, according to documents released Friday.

Citizens insurance is touting its efforts to move policies into the private market—a process known as depopulation.  Florida’s insurer of last resort is introducing new plans to make the move more transparent.

The state-backed insurer concluded its final meeting of the year Wednesday, highlighting its ability to shift 300,000 policies to the private sector since January.  Citizens official Steve Bitar says the company is making changes to improve the depopulation process for consumers.

Florida health plans were wrong to use a state "trade secrets" law to hide their rate proposals from the public, the Office of Insurance Regulation says in letters to 15 insurers. 

In what became a nationwide embarrassment for Florida, insurers falsely placed a "zero" on the public rate-filing form for 2015 in the run-up to the June 27 reporting deadline. OIR officials say their intention was apparently to hide their actual rate proposals from one another, but it backfired when Health News Florida reported on the unusual phenomenon.

In an honor for both the students and the school, three University of South Florida juniors have been named Barry M. Goldwater Scholars.

Not only are Michael Calzadilla, Kaitlin Deutsch and Fiona Kearns among the 238 students from across the country receiving the honor, they're also the only Goldwater Scholars this year in the State University System of Florida.

Florida's average increase in health-insurance premiums under the Affordable Care Act for 2014 will be in the range of just 5 to 6 percent, Office of Insurance Regulation officials said Tuesday. 

That is not out of line with past years, and the new law will require health policies to cover more than many do now.

Universal Health Care executives overstated assets and submitted "misleading financial statements" to the state and a major creditor, according to state documents released Thursday by the Office of Insurance Regulation.

Meanwhile, Universal's founder, president and CEO, Dr. Akshay "A.K." Desai,  has resigned his post as finance chairman of the Republican Party of Florida.