Sunshine State Insurance Company has requested an average statewide rate increase of 17.8% for their homeowners program and 28.9% for their dwelling fire program. The proposed rate increases would be effective June 3, 2012 for new and renewal ...

 

DEPARTMENT OF FINANCIAL SERVICES
OIR – Insurance Regulation

FINANCIAL SERVICES COMMISSION

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

DATE AND TIME: May 17, 2012, 9:00 a.m.

PLACE: Senator Jim King Committee Room (401 Senate Office Building), Tallahassee, Florida (adjacent to The Capitol)

GENERAL SUBJECT MATTER TO BE CONSIDERED: Sunshine State Insurance Company has requested an average statewide rate increase of 17.8% for their homeowners program and 28.9% for their dwelling fire program. The proposed rate increases would be effective June 3, 2012 for new and renewal homeowners business and effective July 1, 2012 for new and renewal dwelling fire business. The requested rate increases are not uniform. 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 “Sunshine State.”

A copy of the agenda may be obtained by contacting: Bruce Culpepper, Esquire, [phone] or Cindy Walden, [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: Cindy Walden, [phone] or e-mail: [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: Bruce Culpepper, Esquire, [phone] or Cindy Walden, [phone].