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Who is in charge of Floridas insurance department?
Michael Yaworsky. Insurance Commissioner As OIRs Chief of Staff, he assisted in overseeing one of the largest insurance markets in the world by serving as a policy advisor to the Commissioner and managing agency fiscal matters and administrative operations.
What does the Florida Office of Insurance Regulation do?
The Florida Office of Insurance Regulation (OIR) is responsible for all activities concerning insurers and other risk bearing entities, including licensing, rates, policy forms, market conduct, claims, issuance of certificates of authority, solvency, viatical settlements, premium financing, and administrative
Who examines the books and records of insurance companies in Florida?
OIR monitors insurance company products and practices for compliance with the Florida Insurance Code through market conduct examinations and investigations.
Who holds insurance companies accountable in Florida?
The Office of Insurance Regulation (OIR) is responsible for all activities concerning insurers and other risk bearing entities, including licensing, rates, policy forms, market conduct, claims, issuance of certificates of authority, solvency, viatical settlements, premium financing, and administrative supervision, as
Which type of insurance company is not licensed to transact insurance in Florida?
An unau- thorized entity is an insurance company that is not licensed with the Florida Department of Finan- cial Services.
Who is the primary regulator of insurance companies in Florida?
OFR regulates the banking, finance, and securities industries in Florida, and OIR regulates the states insurance industry.
Who is the commissioner of insurance in Florida?
Florida Commissioner of Insurance RegulationSelection Method:Appointed by the Florida Financial Services CommissionCurrent OfficeholderFlorida Commissioner of Insurance Regulation Michael Yaworsky Nonpartisan Assumed office: 2023-03-13Other Florida Executive Offices11 more rows
Who is the current insurance commissioner in Florida?
Michael Yaworsky. Insurance Commissioner As OIRs Chief of Staff, he assisted in overseeing one of the largest insurance markets in the world by serving as a policy advisor to the Commissioner and managing agency fiscal matters and administrative operations. Prior to joining OIR, Mr.
Related links
Fla. Admin. Code Ann. R. 69O-197.006 - Insurance Administrator
(2) Form OIR-A3-975, Insurance Administrator Annual Report (REV 12/08), is hereby incorporated by reference and is to be submitted to the Office of Insurance
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