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posted on Sept. 7, 2006
Florida: Judge Rules for Insurers in On-Going Legal Challenge to Credit Rule
In a victory for insurers, a Florida administrative law judge ruled Sept. 5 that the state's Office of Insurance Regulation (OIR) does not have the authority to begin enforcing a rule governing insurers' use of credit information when that rule is still under administrative challenge. The judge's order prevents OIR from enforcement of the rule, scheduled to go into effect Sept.1. The challenge to the substance of the credit rule, filed by the American Insurance Association, Florida Insurance Council, National Association of Mutual Insurance Companies, and Property Casualty Insurers Association of America, will continue.
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Latest State News
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