Capitol Preferred Insurance Company has requested statewide average rate changes for its business in the Homeowners Multi-Peril Account. The below identifies the proposed rate change that has already been filed with the Office: 20-015219: +26.2% ...

 

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, 2020, 10:00 a.m. (This hearing will be held immediately after the conclusion of the Southern Fidelity Insurance Company hearing.)

PLACE: Access via webinar at https://www.floir.com/Sections/PandC/ProductReview/RateHearings.aspx

Access via telephone dial 1(877) 309-2074; Access Code 373-559-297

GENERAL SUBJECT MATTER TO BE CONSIDERED: Capitol Preferred Insurance Company has requested statewide average rate changes for its business in the Homeowners Multi-Peril Account. The below identifies the proposed rate change that has already been filed with the Office:

20-015219: +26.2% Homeowners Multi-Peril

The effective date for the Homeowners Multi-Peril Account is August 1, 2020, for new and August 1, 2020, for renewal business.

An agenda listing the rate filings subject to this hearing will be posted on the Office’s website at http://www.floir.com.

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 insurer as well as interested parties will be received at this public hearing. Participants who wish to speak will need to register in advance for the hearing. Registrants will be asked to provide their name and e-mail address. If you choose to access the hearing via telephone or 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 “Capitol Preferred Insurance Company.”

Any comments or concerns not addressed at the public hearing may be forwarded to [e-mail]; the subject line of your e-mail should read “Capitol Preferred Insurance Company.” The record will be open for public comment until August 21, 2020, for all filings.

A copy of the agenda may be obtained by contacting: Gloria Merritt, [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: Gloria Merritt, [phone]. 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: Courtney A. Colston-Hayes, [phone] or Gloria Merritt, [phone].