Security First Insurance Co. v. State, Office of Insurance Regulation

Security First Insurance Company appeals the decision of Florida’s regulatory agency overseeing the insurance industry, the Office of Insurance Regulation (“OIR”), which denied its requests to amend a section of its homeowner’s policies that would restrict the ability of policyholders to assign post-loss rights without the company’s consent. We affirm.

Security First is a property and casualty insurance company licensed to transact insurance in Florida. Before delivering or issuing its policy forms, Security First is required by statute to file all forms it intends to use in Florida with the…