Florida’s Office of Insurance Regulation (OIR) has renewed the administrative supervision of **Capacity Insurance Company** for an 11th time. The move impacts the handling of pending and future claims under its oversight. Regulatory scrutiny remains focused on operational and financial stability amid prolonged supervision.
Florida’s Office of Insurance Regulation (OIR) renews its administrative supervision order over **Capacity Insurance** for an eleventh time. The extension impacts pending claims and policyholders across the state, though specific details on claim processing or regulatory actions remain unstated.
Florida’s Office of Insurance Regulation (OIR) grants Capacity Insurance Company an **11th consecutive administrative supervision extension** in 2026. The move follows ongoing regulatory oversight of the insurer, impacting policyholders and public adjusters relying on its coverage. The extension underscores unresolved operational or financial concerns under review by state authorities.
Florida’s Office of Insurance Regulation (OIR) places **Capacity Insurance** under administrative supervision, transitioning the commercial carrier into an orderly runoff. The insurer had previously announced it would halt writing new business in Florida less than a year prior. The move follows regulatory oversight to manage its wind-down process.