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This memorandum provides guidance on the regular assessment needed by Citizens Property Insurance Corporation to address the deficit in the High Risk Account and the recoupment process for insurers.
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01
Download the Informational Memorandum OIR-06-023M form from the official website.
02
Read the introduction section to understand the purpose of the memorandum.
03
Fill out the applicant's information at the top of the form including name, address, and contact details.
04
Provide the date of submission in the designated field.
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Include any relevant reference numbers associated with the application.
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Carefully complete each section of the form, adhering to the guidelines provided.
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Attach any required supporting documents or evidence as specified in the instructions.
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Who needs Informational Memorandum OIR-06-023M?

01
Insurance companies seeking guidance or clarification from the Office of Insurance Regulation.
02
Regulators or state officials involved in oversight of insurance practices.
03
Legal professionals who need to prepare documentation related to insurance matters.
04
Businesses or organizations requiring insurance compliance information.
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Informational Memorandum OIR-06-023M is a document issued by the Florida Office of Insurance Regulation that provides guidance and clarification regarding specific regulatory requirements for insurance companies operating in the state.
Insurance companies licensed to operate in Florida are required to file Informational Memorandum OIR-06-023M as part of their compliance with state regulations.
Filling out Informational Memorandum OIR-06-023M involves providing specific requested information accurately and completely, following the guidelines provided in the memorandum. It's recommended to review the instructions in the memorandum carefully before submission.
The purpose of Informational Memorandum OIR-06-023M is to ensure insurance companies adhere to regulatory standards and to facilitate communication between the Florida Office of Insurance Regulation and the companies.
The information reported on Informational Memorandum OIR-06-023M typically includes data related to financial performance, compliance metrics, and any other information specified in the memorandum, relevant to the regulatory requirements.
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