Florida S0582 mandates annual reports from the Office of Insurance Regulation on insurers, detailing executive officer compensation and financial.
Florida S0582 requires the Office of Insurance Regulation to create annual reports on insurers, licensees, and registrants, including their executive officers' compensation and financial performance. The reports must be published on the office's website and submitted to specified entities by January 31 each year. The office must use reliable methodology and software for these reports and review them for accuracy. Insurers cannot withhold certain data, which are not considered trade secrets and can be used for market analysis and compliance reviews.
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