The Florida Auditor General’s Office recently released a critical report that found the state’s Office of Insurance Regulation (OIR) is failing to adequately monitor the medical malpractice insurance market by not ensuring that all insurers and self-insured health-care providers are submitting information on closed claims. The auditor general’s report came as the OIR published a report that shows the market financial trends have grown increasingly positive after the enactment of the 2003 reforms. Among other things, the report found that between Jan. 1, 2004, and Oct. 1, 2005, 18 new companies have entered the market.

Claim Reporting

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