NEW FILING REQUIREMENT NOTICE:
Property Market Intelligence Report replaces Quarterly Supplemental Reporting (QUASR) effective January 1, 2025
Email Address
This notice is to inform you of the new filing requirement for the Property Market Intelligence Report for the following companies:
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Data Call Overview
Effective January 1, 2025, the PMIR data call will replace the QUASR data call. In accordance with section 624.424(10), Florida Statutes, all insurers licensed in Florida writing personal residential and commercial residential lines of insurance are required to submit monthly PMIR reports to OIR, beginning with January 2025 data.
Please note: The final QUASR data call reporting the 4th quarter of 2024 data is still due March 1, 2025.
The PMIR template, Form OIR-D0-1185, requires the following data for each Florida zip code:
- Total number of policies in force at the end of each month;
- Total number of policies canceled;
- Total number of policies nonrenewed;
- Number of policies canceled due to hurricane risk;
- Number of policies nonrenewed due to hurricane risk;
- Number of new policies written;
- Total dollar value of structure exposure under policies that include wind coverage;
- Number of policies that exclude wind coverage;
- Number of claims open each month;
- Number of claims closed each month;
- Number of claims pending each month; and
- Number of claims in which either the insurer or insured invoked any form of alternative dispute resolution, and specifying which form of alternative dispute resolution was used.
The PMIR template requires insurers to respond to the following: “Treatment of current filing over last month’s filing?” This field is defaulted to “Continual DATA reporting.” If the insurer DID NOT file a DATA report in the IMMEDIATE PREVIOUS MONTH, change this response to “New DATA Reporting." Due to the new monthly reporting requirement, insurers must select “New DATA reporting” within the January 2025 template, then select “Continual DATA reporting” in subsequent filings.
These fields will be required for this reporting deadline and all future reporting.
Required Filers
Required filers include all insurers licensed in Florida writing personal residential and commercial residential lines of insurance, including insurers currently authorized in the following lines of business in Florida:
- Fire
- Allied Lines
- Homeowners Multi-Peril
- Mobile Home Multi-Peril
- Farmowners Multi-Peril
- Commercial Multi-Peril
- Industrial Fire
- Industrial Extended Coverage
Filing Deadline
Filing Deadline: On or before the last day of the following month by 11:59 p.m., ET:
January 2025 data is due on February 28, 2025.
February 2025 data is due on March 31, 2025.
March 2025 data is due April 30, 2025.
April 2025 data is due May 31, 2025.
May 2025 data is due June 30, 2025.
June 2025 data is due July 31, 2025.
July 2025 data is due August 31, 2025.
August 2025 data is due September 30, 2025.
September 2025 data is due October 31, 2025.
October 2025 data is due November 30, 2025.
November 2025 data is due December 31, 2025.
December 2025 data is due January 31, 2026.
Should the due date fall on a weekend, OIR will accept PMIR data the following business day.
Reporting Scope:
January 1, 2025 – January 31, 2025
February 1, 2025 – February 28, 2025
March 1, 2025 – March 31, 2025
April 1, 2025 – April 30, 2025
May 1, 2025 – May 31, 2025
June 1, 2025 – June 30, 2025
July 1, 2025 – July 31, 2025
August 1, 2025 – August 31, 2025
September 1, 2025 – September 30, 2025
October 1, 2025 – October 31, 2025
November 1, 2025 – November 30, 2025
December 1, 2025 – December 31, 2025
Each insurer within a group must submit its filing on an individual company basis.
Penalty: Insurers are required to report monthly supplemental reports in accordance with Florida Statutes. Failure to comply may result in a referral to OIR’s Property and Casualty Market Regulation Unit for further action.
How to File
Please use the Insurance Regulation Filing System (IRFS) for filing submission. Trade secret PMIR data can be uploaded into IRFS. OIR will not accept PMIR data submitted as trade secret via any other way, including U.S. mail or email.
Additional information:
IRFS filing instructions, which includes information on how to submit trade secret data, can be found here.
PMIR Template
PMIR FAQs
Data Call Reporting Webpage
Questions: Please email PMIR@floir.com or call (850) 413-3147.
About the OIR
The Florida Office of Insurance Regulation (OIR) has primary responsibility for regulation, compliance, and enforcement of statutes related to the business of insurance and the monitoring of industry markets. For more information about OIR, please visit www.floir.com or follow on X @FLOIR_comm.
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