Public Rate Hearing Scheduled for Citizens Requested Increases

Aug 10, 2009

The Florida Office of Insurance Regulation has scheduled an August 25, 2009 public rate hearing on Citizens Property Insurance Corporation’s requested rate increases for its Florida homeowners, dwelling fire, and commercial property residential multi-peril programs.

The requested increases are not uniform.  Specifically, some areas of the State are subject to higher rate increases. 

The increases would be effective January 1, 2010 for new and renewal business.

The public hearing begins at 1 p.m. in the Florida Senate building at The Capitol.

The complete meeting notice is attached for review.

To view the summary of indicated statewide premium changes reviewed at the most recent (July 8) Citizens Board of Governors meeting, click here.  To view a key to the product lines and types of policies listed in the summary, click here.

 

Should you have any questions or comments, please contact Colodny Fass.

 

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