Castle Key Insurance Company and Castle Key Indemnity Company have requested average statewide rate increases of 32.1% and 21.9% for their homeowners programs, respectively. The proposed rate increases would be effective December 2, 2012, for new ...

 

DEPARTMENT OF FINANCIAL SERVICES
OIR – Insurance Regulation

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

DATE AND TIME: August 7, 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: Castle Key Insurance Company and Castle Key Indemnity Company have requested average statewide rate increases of 32.1% and 21.9% for their homeowners programs, respectively. The proposed rate increases would be effective December 2, 2012, for new and renewal 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 “Castle Key.”

A copy of the agenda may be obtained by contacting: Kenneth Tinkham, 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: Kenneth Tinkham, Esquire, [phone] or Cindy Walden, [phone].