Florida Office of Insurance Regulation

Moody's Ratings just upgraded the ratings for several Florida tax bonds, including Florida’s Hurricane Cat Fund and Citizen’s Property Insurance. Even with Florida’s unpredictable weather, they agree that several of Florida’s tax bonds are strong and have ample capacity to cover claims. https://lnkd.in/e4kEApyb

OIR offers a dynamic workplace with professional development opportunities while serving Florida’s policyholders. View available positions at: floir.com/about-us/careers

We are hiring! With a workforce of approximately 250 staff members, OIR regulates one of the largest, most complex insurance markets in the world. Come join our team. Check out our careers page to learn more about open positions & how to apply:?https://lnkd.in/dVTKn6zb

OIR staff is on-site in Taylor County at the One-Stop Business Resource Center to meet with consumers & assist with the claims-handling process. OIR expects insurers to do everything possible to respond to the needs of affected Floridians & facilitate recovery in impacted communities.

We're hiring! OIR's Life & Health Financial Oversight unit is accepting applications for financial examiners/analysts & financial specialists. ? Interested in joining team OIR? Check out our careers page to learn more about open positions & how to apply: https://lnkd.in/dVTKn6zb

ICYMI: OIR continues to see overall market stabilization following historic legislative reforms that enhanced protections for consumers and encouraged investment by insurers and reinsurers. ? Read the latest insurance market update here: https://bit.ly/3W3WUwS

Florida’s property insurance market is strengthening following the enactment of the legislative reforms & new companies continue to enter the market. Since the passage of legislative reforms, 8 new companies have been approved to write homeowners policies in Florida.

Governor DeSantis' FY 24-25 Focus on Florida's Future budget ensures consumer protection & fosters a competitive insurance market. This includes investing over $237 million to support & strengthen Florida's residential home mitigation programs. ?? Read more here: https://bit.ly/45od8VU

OIR continues to see market stabilization following the historic legislative reforms of 2022 & 2023, with rate filings for 2024 showing a slight downward trend for the first time in years. ?? Read more in OIR's latest insurance market update: https://bit.ly/4aKtbym

ICYMI: OIR issued an update on the continued strengthening of Florida’s property and casualty insurance market, including that property insurance rate filings for 2024 show a downward trend for the first time in years. Read the update here - https://bit.ly/3KaUnf6