BDMR Earns its Keep

A December report from the Office of Insurance Regulation makes the case for continued operation of the OIR’s Business Development and Market Research Unit. OIR Commissioner Kevin McCarty created the BDMR in 2005 to oversee the expansion and retention of Florida’s insurance company marketplace and to serve as the information clearinghouse for the collection of dissemination of insurance data.

The 2006 – 2007 fiscal year appropriation was specifically aimed at coordinating with Enterprise Florida to increase the number of insurance companies in Florida and provide data and technical assistance to current companies.