State Farm Florida Insurance Company has requested rate increases for its Florida mobile homeowners, rental condo unit owners, apartment, and rental dwelling programs. The company has requested average statewide rate increases of 53.7%, 97.3%, 70.8%,...

DEPARTMENT OF FINANCIAL SERVICES
OIR – Insurance Regulation

The Office of Insurance Regulation announces a hearing to which all persons are invited.
DATE AND TIME: January 27, 2009, 1:00 p.m.
PLACE: 401 Senate Office Building, Tallahassee, Florida (adjacent to The Capitol)
GENERAL SUBJECT MATTER TO BE CONSIDERED: State Farm Florida Insurance Company has requested rate increases for its Florida mobile homeowners, rental condo unit owners, apartment, and rental dwelling programs. The company has requested average statewide rate increases of 53.7%, 97.3%, 70.8%, and 89.1%, respectively. The proposed rate increase for the mobile homeowners program would be effective April 1, 2009, for new business and July 1, 2009, for renewal business. The effective dates of the proposed rate increases for the other programs listed herein are February 1, 2009, for new business and April 1, 2009, for 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 [e-mail]; the subject line of your e-mail should read “State Farm.”
A copy of the agenda may be obtained by contacting: Denielle Petty at [phone] or e-mail her at [e-mail].
Pursuant to the provisions of the Americans with Disabilities Act, any person requiring special accommodations to participate in this workshop/meeting is asked to advise the agency at least 48 hours before the workshop/meeting by contacting: Denielle Petty at [phone] or e-mail her at [e-mail]. If you are hearing or speech impaired, please contact the agency using the Florida Relay Service, 1(800)955-8771 (TDD) or 1(800)955-8770 (Voice).
For more information, you may contact: Denielle Petty at [phone] or e-mail her at [e-mail].