American Federation Insurance Company, Foremost Property and Casualty Insurance Company, Foremost Insurance Company, and Foremost Signature Insurance Company have requested rate increases for their mobile homeowners’ programs. The companies have ...

 

DEPARTMENT OF FINANCIAL SERVICES
OIR – Insurance Regulation

The Office of Insurance Regulation announces a hearing to which all persons are invited.

DATE AND TIME: March 6, 2008, 1:30 p.m.

PLACE: City Commission Chamber, City Hall, 228 South Massachusetts Avenue, Lakeland, Florida

GENERAL SUBJECT MATTER TO BE CONSIDERED: American Federation Insurance Company, Foremost Property and Casualty Insurance Company, Foremost Insurance Company, and Foremost Signature Insurance Company have requested rate increases for their mobile homeowners’ programs. The companies have requested average statewide rate increases of 72.9%, 14.4%, 22.9%, and 31.5%, respectively. The proposed rate increases would be effective March 1, 2008, 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 [e-mail]; the subject line of your e-mail should read “Foremost.”

A copy of the agenda may be obtained by contacting: Rhoda K. Johnson, Esquire at [phone] or Denielle Petty at [phone].

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].