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Notice of Meeting/Workshop Hearing

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 25, 2015, 9:00 a.m.

PLACE: Senate Office Building, Room 401, Florida State Capitol, Tallahassee, FL 32399

 

GENERAL SUBJECT MATTER TO BE CONSIDERED: Citizens Property Insurance Corporation ("Citizens") has requested statewide average rate changes for Coastal Account ("CA"), Commercial

Lines Account ("CLA") and the Personal Lines Account ("PLA"). These accounts include, but are not limited to: commercial property, homeowners, mobile home, and dwelling/fire. The below chart

identifies the proposed rate changes that have already been filed with the Office:

 

15-15843: +1.3% to Homeowners Multi-Peril (PLA)

15-15848: +9.0% to Homeowners Multi-Peril Wind Only (CA)

15-16013: +9.5% to Property/Personal (Dwelling Fire) Wind Only (CA)

15-16016: -0.9% to Property/Personal (Dwelling Fire) (PLA)

15-16391: +10.4% to Mobile Home Multi-Peril Wind Only (CA)

15-16392: -5.3% to Mobile Home Multi-Peril (PLA)

15-16470: -4.1% to Mobile Home Physical Damage (PLA)

15-16471: +9.8% to Mobile Home Physical Damage (CA)

15-17008: +5.2% to Commercial Property Residential Multi-Peril (Ex. Condo Association) (CLA)

15-17009: +5.0% to Commercial Property Residential Multi-Peril Condo Association (CLA)

 

(There are no proposed rate changes for sinkhole coverage. Additional filings received prior to the

hearing may be discussed.)

 

The effective date for the Coastal Account ("CA"), Commercial Lines Account ("CLA") and Personal

Lines Account ("PLA") is February 1, 2016, for new and 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. 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 "Citizens."

 

Any comments or concerns not addressed at the public hearing may be forwarded to

ratehearings@floir.com; the subject line of your e-mail should read "Citizens." The record will be open

for public comment until September 1, 2015, for all filings.

A copy of the agenda may be obtained by contacting: Lacy End-Of-Horn, Esquire, (850)413-4292 or

Gloria Merritt, (850)413-5356.

 

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 at (850)413-5356 or

gloria.merritt@floir.com. 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: Lacy End-Of-Horn, Esquire, (850)413-4292 or Gloria

Merritt, (850)413-5356.

Posted 8:49 AM  View Comments

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