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Tag: insurance regulator


Regulatory / Legal

Florida insurance regulator refers insurer to receivership

August 4, 2022

Via: Insurance Business

Florida’s Office of Insurance Regulation (OIR) is referring the Miami, FL-based Weston Property & Casualty Insurance to receivership, just as the insurance company’s ratings were withdrawn. The regulator submitted an affidavit to be reviewed and approved by a Leon County […]


Regulatory / Legal

Anthem fined $5 million over consumer violations

March 30, 2022

Via: Insurance Business

Georgia’s state insurance regulator has fined Anthem Blue Cross Blue Shield a hefty $5 million after an official investigation found that the insurer violated multiple consumer laws. The $5 million fine is the largest Georgia’s Office of Commissioner of Insurance […]


Regulatory / Legal

Consumer Watchdog calls out insurance regulator for email deletion program

February 1, 2022

Via: Insurance Business

Consumer Watchdog has issued a notice saying that the California Department of Insurance (CDI) has retracted its policy to delete agency email databases – days after the consumer advocate group warned the regulator that it would threaten legal action over […]


Regulatory / Legal

Gulfstream Property and Casualty placed under Florida insurance regulator’s supervision

June 29, 2021

Via: Insurance Business

Florida’s Office of Insurance Regulation (OIR) has placed Gulfstream Property and Casualty Insurance (Gulfstream) under its administrative supervision, after deeming the insurer unable to keep the minimum amount of funds to pay for policyholders’ claims. Under the regulator’s supervision, Sarasota, […]