Auto-Owners Insurance, Owners Insurance and Southern Owners Insurance Companies have requested a 38.6% overall rate increase for its new and renewal homeowners policy forms, File Log 07-11335, effective September 10, 2007 for new business and ...

 

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 30, 2007, 1:00 p.m.

PLACE: 401 Senate Office Building, Florida Capitol Building, Tallahassee, Florida

GENERAL SUBJECT MATTER TO BE CONSIDERED: Auto-Owners Insurance, Owners Insurance and Southern Owners Insurance Companies have requested a 38.6% overall rate increase for its new and renewal homeowners policy forms, File Log 07-11335, effective September 10, 2007 for new business and October 25, 2007 for renewal business. The requested rate increases are not uniform and some areas are subject to higher rate increases.

Auto-Owners Insurance Company has requested a 56% overall rate increase for its new and renewal dwelling fire policy forms, File Log 07-11336, effective September 10, 2007 for new business and October 25, 2007 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 interested parties will be received at this public hearing. If you are unable to attend this public hearing, please forward your comments to [e-mail]. The subject line of your e-mail should read “Auto-Owners.”

A copy of the agenda may be obtained by contacting Sam Coskey at [phone] or e-mail him 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 Sam Coskey at [phone] or e-mail him 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 C. Khai Patterson, Esquire at [phone] or Sam Coskey at [phone].