Cypress Property & Casualty Insurance Company has requested a 17.7% overall rate increase for its homeowners line of coverage. The proposed rate increase would be effective June 1, 2012 for new business and July 1, 2012 for renewal business. The requested rate increase is not uniform. Some areas are subject to a higher rate increase. 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 ratehearings@floir.com; the subject line of your e-mail should read “Cypress Property & Casualty.”