Florida Office of Insurance Regulation

What Florida Office of Insurance Regulation does

The Florida Office of Insurance Regulation (OIR) is a state government regulatory agency operating under the Florida Department of Financial Services, headquartered at 200 East Gaines Street in Tallahassee. As the sole state regulatory authority for insurance in Florida, OIR holds exclusive jurisdiction over licensing, rate approval, market conduct examinations, and enforcement actions for all insurance entities operating in the state. The agency regulates 4,876 insurance-related entities and oversees a $305B insurance industry that generates 6.52% of Florida's GDP and supports 209,711 jobs. OIR is led by Insurance Commissioner Mike Yaworsky and operates alongside parallel legislative and gubernatorial offices (e.g., Governor Ron DeSantis) on market stabilization initiatives.

OIR's operational footprint centers on a suite of digital regulatory tools and consumer resources, including Active Company Search, the CHOICES Rate Comparison Tool, Filing Search, Catastrophe Claims Data (with Hurricanes Helene & Milton reporting), Professional Liability Tracking, Residential Market Share Reports, and the Take Out Companies directory. The agency serves two primary stakeholder groups: regulated insurance entities (property/casualty, health, life, and surplus lines carriers), which must use OIR's iPortal for mandatory filings and compliance, and Florida consumers, who access rate comparison tools, hurricane preparedness resources, and wind mitigation guidance. Distribution occurs through the floir.gov website, public rate hearings, rule workshops, newsroom press releases, and direct industry engagement.

As a government entity, OIR does not generate commercial revenue. It is funded through regulatory fees and assessments collected from the insurance entities it regulates, plus state appropriations. The agency's strategic posture in 2026 has been active market stabilization — ordering enforcement actions (e.g., Mirra Health suspension), facilitating 20 new P&C insurer entries into Florida since legislative reforms, and conducting international outreach to reinsurance markets in London to support property insurance availability.

Name

Florida Office of Insurance Regulation

Legal name

Florida Office of Insurance Regulation

Website

https://floir.com

Company type

Private

Founded year

2003

Operating status

Operating

Headcount range

101–250 employees

Short description

The Florida Office of Insurance Regulation (OIR) is the sole state regulatory authority overseeing Florida's $305B insurance industry, regulating 4,876 insurance entities and serving both industry stakeholders and Florida consumers through licensing, rate approval, market examinations, and consumer protection tools.

Ownership category

akta.pro rank

Product category

Insurance Regulation

NAICS

Regulation, Licensing, and Inspection of Miscellaneous Commercial Sectors (92615)

akta.pro primary industry

Financial Services Regulators (Banking, Securities, Insurance) (BPAIAOAK)

akta.pro secondary industry

Regulatory Taxonomy, Rules Mapping & Controls Testing (FSAFAOAN)

Keywords

• Insurance regulation
• Market oversight
• Rate filing review
• Company licensing
• Consumer protection

Headquarters

HQ city

Tallahassee

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Infrastructure

Distribution channels3 records

Marketing channels4 records

Core offering

The Florida Office of Insurance Regulation is a state regulatory agency that oversees Florida's insurance industry by licensing insurance entities, reviewing and approving insurance rates, conducting market conduct examinations, and enforcing regulatory compliance. The agency provides digital tools and data resources that allow insurance companies to submit filings and reporting, and allow Florida consumers to compare insurance rates and access regulatory information. Core functions include rate filings review, company licensing, financial examinations, catastrophe claims data reporting, and consumer protection services.

Product overview

The Florida Office of Insurance Regulation (OIR) is a state regulatory agency that oversees the insurance industry in Florida, rather than a traditional product company. OIR's digital presence centers on a suite of regulatory tools, data portals, and consumer resources that facilitate insurance company oversight and public access to insurance information. The core offerings include: data search and reporting tools (Active Company Search, Filing Search, Surplus Lines Search, Catastrophe Claims Data, Residential Market Share Reports); consumer comparison and tracking tools (CHOICES Rate Comparison Tool, Professional Liability Tracking System, Take Out Companies); and informational resources (Hurricane Season Resources, Wind Mitigation Resources, Assignment of Benefits Resources, Flood Insurance). These tools serve both insurance industry entities requiring compliance and reporting capabilities, and Florida consumers seeking insurance information and rate comparisons.

Differentiator

Problem solved

Functional benefit

Products and services

• Active Company Search A search tool enabling searches for active insurance companies regulated by OIR in Florida. Used by industry stakeholders and consumers to verify company licensing status.
• Active Surplus Lines Search A search tool for identifying active surplus lines insurers operating in Florida. Used by insurance professionals and consumers seeking surplus lines coverage.
• Catastrophe Claims Data A data and reporting tool providing catastrophe claims information including Hurricanes Helene & Milton claims data. Used by industry, policymakers, and public for catastrophe response analysis.
• CHOICES Rate Comparison Tool A consumer-facing rate comparison tool allowing Floridians to compare insurance rates across carriers. Used by Florida residents evaluating insurance options.
• Filing Search A search tool for insurance filings and regulatory submissions submitted to OIR. Used by insurance industry professionals and the public to access regulatory filings.
• Professional Liability and Tracking System A tracking system for professional liability insurance entities and information. Used by industry professionals to track professional liability insurance coverage.
• Residential Market Share Reports Reports providing data on residential insurance market share in Florida. Used by industry analysts and policymakers for market analysis.
• Take Out Companies Directory A directory of insurance companies that take out policies from Citizens Property Insurance Corporation. Used by policyholders and industry stakeholders to identify take-out carriers.
• Required Filing and Reporting Portal Portal providing information on mandatory filings and reporting requirements for insurance entities. Used by regulated insurance entities to understand compliance obligations.
• Wind Mitigation Resources Resources and information for consumers regarding wind mitigation measures and inspections. Used by Florida homeowners and policyholders seeking wind mitigation guidance.
• Hurricane Season Resources Consumer guidance and resources for preparing for and recovering from hurricane events. Used by Florida residents navigating hurricane preparedness and recovery.

Quantifiable outcome

• 20 companies have entered the Florida market since historic legislative reforms

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Two partnerships are on record, tiered moderate and minor.

• Reinsurance Leaders (International Market)moderateStrategic or Co-development Partner · 23 July 2026Governor Ron DeSantis and Insurance Commissioner Mike Yaworsky hosted meetings in London with insurance and reinsurance leaders during Florida's business development mission to the United Kingdom. The meetings focused on strengthening relationships with international reinsurance markets critical to Florida's property insurance market stability.
• City of London / Dame Susan LangleyminorStrategic or Co-development Partner · 23 July 2026Meeting with the Lady Mayor of London, Dame Susan Langley, for a fireside chat on Florida's insurance market and resiliency efforts during the UK business development mission. This engagement supports international market development and reinsurance relationship building.

Scale indicators4 records

Recent moves4 records

Expansion highlights4 records

Direct peers

• Illinois Department of Insurance: Illinois's state insurance regulator performing rate review, licensing, and consumer protection over property, casualty, and health insurers operating in the state - structurally analogous to FLOIR's mandate in Florida.
• Texas Department of Insurance: Texas state insurance regulator performing rate review, company licensing, and consumer protection across property, casualty, and life/health lines. Closely comparable to FLOIR in catastrophe-exposed market oversight and regulatory authority scope.
• New Jersey Department of Banking and Insurance: New Jersey's combined banking-and-insurance regulator with rate filing, licensing, and consumer protection functions. Comparable to FLOIR's oversight across multiple insurance lines and consumer-facing rate comparison tools.
• Ohio Department of Insurance: Ohio's state insurance regulator with analogous licensing, rate filing, and market oversight functions. Provides a structurally similar comparator to FLOIR for evaluating state-level insurance regulatory performance.
• New York State Department of Financial Services: New York's combined banking and insurance regulator with rate approval, licensing, and enforcement powers over insurers. Comparable to FLOIR in regulatory breadth, though NY DFS extends beyond insurance into broader financial services oversight.
• Georgia Office of Insurance and Safety Fire Commissioner: Georgia's elected state insurance and fire safety regulator overseeing companies, rates, and agents. Closely comparable to FLOIR in geographic region (Southeastern U.S.) and regulatory scope across property/casualty and health insurance.
• California Department of Insurance: California's state insurance regulator with analogous licensing, rate filing, market conduct examination, and consumer protection functions over a similarly large insurance market. Directly comparable to FLOIR in mandate, structure, and oversight scope.
• Pennsylvania Insurance Department: Pennsylvania's state insurance regulator with direct authority over company licensing, rate filings, market conduct examinations, and consumer assistance functions analogous to those of FLOIR.

Broad incumbents

• National Association of Insurance Commissioners (NAIC): The umbrella standards-setting body that coordinates U.S. state insurance regulators, including Florida. FLOIR operates within NAIC's accreditation framework and participates in its model acts and market conduct standards.

Others

• Citizens Property Insurance Corporation: Florida's state-backed residual property insurance market insurer that FLOIR directly regulates and conducts rate hearings for. An entity-under-regulation rather than a peer regulator, but closely coupled to FLOIR's market stabilization mission and 'Take Out Companies' program.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat3 records

Key risks5 records

Key highlights6 records

Customer concentration

• Xx.com/FLOIR_comm

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Florida Office of Insurance Regulation