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 September 1st. This order results from the industry’s challenge to OIR’s January 2006 Informational Memorandum announcing that enforcement of the rule would commence September 1st.