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HOW CLAIMS ARE REPORTED DMS' Insurance Policies Are Contracts between the State of Florida and Insurance Companies Form
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People also ask
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How do I file a complaint against an insurance company in Florida?
Consumer Helpline Contact Information Statewide Toll-Free: 1-877-MY-FL-CFO (1-877-693-5236) Out of State Callers: (850) 413-3089. TDD Line: 1-800-640-0886. Email Address: Consumer.Services@myfloridacfo.com.
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How do you file a complaint against an insurance company in Florida?
Consumer Helpline Contact Information Statewide Toll-Free: 1-877-MY-FL-CFO (1-877-693-5236) Out of State Callers: (850) 413-3089. TDD Line: 1-800-640-0886. Email Address: Consumer.Services@myfloridacfo.com.
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Who is the primary regulator of insurance companies in Florida?
The Office of Insurance Regulation (OIR) has primary responsibility for regulation, compliance and enforcement of statutes related to the business of insurance and is entrusted with the monitoring of statewide industry markets.
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What department regulates insurance in Florida?
The Florida Office of Insurance Regulation (OIR) licenses and regulates insurance companies operating in Florida to promote a stable and competitive insurance market while maintaining protections for consumers.
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Who regulates insurance companies in the state of 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 ...
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Who is in charge of your Florida insurance department?
Michael Yaworsky. Insurance Commissioner As OIR's 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.
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Why are insurance companies leaving Florida?
Cleaning up after a major storm is expensive; Hurricane Ian caused an estimated $109 billion in damage in Florida alone! As a result, insurance companies may sometimes decide to only write certain types of policies or pull out of the state altogether.
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What is the statute 627.912 in Florida?
Section 627.912(1)(d), Florida Statute- After any calendar year in which no claim or action for damages was closed, the entity shall file a no claim submission report. Such report shall be filed with the office no later than April 1 of each calendar year for the immediately preceding calendar year.
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