{"id":"FL-083","kind":"order","level":"sector-regulator","jurisdiction":"Florida","state":"FL","metro":"","industry":"","agency":"","eco":"","issuer":"Office of Insurance Regulation, Commissioner David Altmaier","authority":"EO 20-51, 20-52; Florida Insurance Code","instrument":"Informational Memorandum OIR-20-03M","title":"Guidance for Business Continuity and Continuity of Operations Plans","dateIssued":"2020-03-16","effective":"2020-03-16","end":"Not rescinded within the period","startDate":"2020-03-16","endDate":"2021-09-30","quarters":["2020Q2","2020Q3","2020Q4","2021Q1","2021Q2","2021Q3"],"types":["EMP","TELE"],"addressees":["all insurers and entities regulated by OIR"],"clause":"Understanding these measures may disrupt normal business operations, all companies regulated by OIR are directed to review and update their Business Continuity Plans and/or Continuity of Operation Plans immediately. The plans must provide a framework for the continuation of company operations, including key insurance functions such as policy issuance, premium collection, claims adjustment and payment and policyholder service.... If an insurer or other entity regulated by OIR activates its Business Continuity and/or Continuity of Operations Plan in response to COVID-19, the company must notify OIR within the same day.","enforcement":"OIR regulatory oversight (informational memorandum)","functions":["IN insurers\u0027 operations: continuity plans directed, same-day notice of activation","OF telework arrangements"],"notes":"Live copy from floir.com.","sourceUrl":"https://www.floir.com/docs-sf/default-source/informational-memoranda/oir-20-03m.pdf","snapshot":"","fileExists":true,"fileBytes":73201,"grade":"primary","character":"","description":"","collection":"FL","url":"/library/FL-083","exhibitUrl":"/exhibit/FL-083","citation":"Office of Insurance Regulation, Commissioner David Altmaier, Informational Memorandum OIR-20-03M (Mar. 16, 2020) (Ex. FL-083)","stateName":"Florida","related":["FL-084","FL-085","FL-086"]}