Information from the Office of Insurance Regulation re Public Hearings Set for Rate Filings by American Southern Home 9/22/06
Jan 14, 2007
Please find below news from the Florida Office of Insurance Regulation regarding upcoming rate hearings. Should you have any questions or concerns, please do not hesitate to contact this office.
Regards,
Fred E. Karlinsky
PUBLIC HEARINGS SET FOR RATE FILINGS BY AMERICAN SOUTHERN HOME, SERVICE
Tallahassee (9/21/2006) � The Florida Office of Insurance Regulation (Office) has scheduled public hearings on rate filings submitted by American Southern Home Insurance Company and Service Insurance Company. Hearings for these rate filings will be held in Tallahassee, in the Senate Office Building, room 401, at The Capitol. The hearings will be held on September 29, 2006 and on October 5, 2006.
American Southern Home Insurance Company has requested an 18.6 percent average statewide rate increase for its mobile homeowners insurance in Florida. The public hearing for this filing will take place September 29, 2006, at 10:00 a.m. The agenda for this hearing can be found online at http://floir.com/pdf/AgendaAmericanSouthernHome.pdf.
Service Insurance Company has requested a 72.5 percent average statewide rate increase for its homeowners program in Florida. The public hearing for this rate filing will be held October 5, 2006, at 10:00 a.m. The agenda for this hearing will be available online at http://floir.com/pcfr/RateHearings.htm.
The requested rates are not uniform and some areas in the state are subject to higher or lower rate changes. Florida law requires that the Office hold public hearings on rate filings for statewide average increases exceeding 15 percent when a private model is used or for any purpose deemed necessary by the Office.
These hearings are open to the public and input from interested parties will be accepted. Those unable to attend the public hearings are welcome to forward comments to the Office at ratehearings@fldfs.com. The subject line of emails should include the name of the company of interest and the words rate hearings.
Pursuant to the provisions of the Americans with Disabilities Act, any person requiring special accommodations to participate in this hearing should telephone Sam Coskey at (850) 413-2616 or e-mail him at sam.coskey@fldfs.com at least 48 hours prior to the hearing.