Florida Office of Insurance Regulation Rate Hearing Scheduled For Citizens Property Insurance
Aug 6, 2009
The Florida Office of Insurance Regulation (“OIR”) has scheduled a public rate hearing for Citizens Property Insurance Corporation (“Citizens”) on Tuesday, August 25, 2009.
Citizens has requested rate increases for its Florida homeowners, dwelling, fire and commercial residential multi-peril insurance programs. The effective date of the proposed rate increases would be January 1, 2010 for new and renewal business. The requested rate increases are not uniform and some areas of the state would be subject to higher rate increases than others.
Details of the hearing are:
Date: Tuesday, August 25, 2009
Time: 1:00 p.m.
Place: Room 401 of the Senate Office Building, The Capitol, Tallahassee
The rate hearing notice is reprinted below.
Should you have any questions or comments, please contact Colodny Fass.
FINANCIAL SERVICES COMMISSION
Office of Insurance Regulation
The Office of Insurance Regulation announces a public hearing to which all persons are invited:
DATE and TIME: August 25, 2009, at 1:00 p.m.
PLACE: Senator Jim King Committee Room (401 Senate Office Building), Tallahassee, Florida (adjacent to The Capitol)
CONTACT NAME AND NUMBER: Rhoda K. Johnson, Esquire (850) 413-4252 or Cindy Walden (850) 413-2616.
GENERAL SUBJECT MATTER TO BE CONSIDERED: Citizens Property Insurance Corporation has requested rate increases for its Florida homeowners, dwelling fire, and commercial property residential multi-peril programs. The effective date of the proposed rate increases for the programs listed herein is January 1, 2010, for new and renewal business. The requested rate increases are not uniform and some areas are subject to higher rate increases.
Florida law allows the Office of Insurance Regulation to hold a public hearing for any purpose within the scope of the Insurance Code deemed to be necessary. Input from the insurers as well as interested parties will be received at this public hearing. If you are unable to attend this public hearing, please forward your comments to the Office of Insurance Regulation at ratehearings@floir.com; the subject line of your e-mail should read “Citizens.”
Pursuant to the provisions of the Americans with Disabilities Act, any person requiring special accommodations to participate in this hearing, please telephone Cindy Walden at (850) 413-2616 or e-mail her at cindy.walden@floir.com at least 48 hours before the hearing.
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