Liberty American Select Insurance Company has requested average statewide rate increases of 44.8% and 96.2% for its homeowners and dwelling fire programs, respectively. Liberty American Insurance Company has requested a 95.8% average statewide rate ...

 

DEPARTMENT OF FINANCIAL SERVICES
OIR – Insurance Regulation

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

DATE AND TIME: Thursday, September 28, 2006, 10:00 a.m.

PLACE: 401 Senate Office Building, Tallahassee, Florida (adjacent to The Capitol). Contact name and number: Rhoda K. Johnson, Esquire, [phone] or Sam Coskey, [phone].

GENERAL SUBJECT MATTER TO BE CONSIDERED: Liberty American Select Insurance Company has requested average statewide rate increases of 44.8% and 96.2% for its homeowners and dwelling fire programs, respectively. Liberty American Insurance Company has requested a 95.8% average statewide rate increase for its condo unit owners insurance. These 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 “Liberty.”

Pursuant to the provisions of the Americans with Disabilities Act, any person requiring special accommodations to participate in this hearing, please telephone: Sam Coskey, [phone] or e-mail him at [e-mail] at least 48 hours before the hearing.