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Florida holds hearing on proposed data call regulations
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Regulatory Updates
Tuesday, December 10, 2013
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The Florida Department of Financial Services and the Office of Insurance Regulations are holding a hearing on Dec. 10 to discuss an amended version of Rule 690-186.013, which would adopt the form that title agents and title insurer’s direct operations would have to compete on an annual basis pursuant to Section 627.782, Florida Statutes. This law, adopted in 2012, requires title agencies and insurers licensed in the state to maintain and submit certain information to the FLOIR, including revenue, loss and expense data.
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