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Media Advisory

Citizens Property Insurance Corporation (Citizens) Public Rate Hearing
Friday, August 12, 2011
Contact Info:

Jack McDermott
Brittany Perez
850 413-2515
850 413-2515
 

 

 

Who:
Citizens Property Insurance Corporation (Citizens)
What:

The Florida Office of Insurance Regulation (Office) will conduct a public hearing to discuss Citizens' proposed rate increases for the Coastal Accounts, formerly known as the High Risk Accounts (HRA), and the Personal Lines Accounts (PLA). These accounts include, but are not limited to, homeowners' and dwelling/fire lines of business.

Citizens' proposed statewide average rate increases for its homewowners' line of buisness, including sinkhole, are 12. 1 percent for the Coastal Account and 25.4 percent for the PLA Account. The sinkhole coverage increases range from 0 percent in Orange County. A copy of the agenda is forthcoming.

Consumers can also send comments to the Office regarding the Citizens' filings by sending an e-mail to: RateHearings@floir.com, or visit the Office's website (www.floir.com) and click on the box that reads "Click here to share comments about Citizens Property Insurance Rates." Please be sure to include "Citizens" in the subject line of the e-mail.

When:
Tuesday, September 13, 2011 4:00 PM
Where:

Ballroom D (near the Franklin Street Enterance)
Tampa Convention Center
333 South Franklin Street
Tampa, FL 33602

The Florida Channel will cover the hearing live on its website: http://thefloridachannel.org/. Details are forthcoming. The hearing will also be recorded and available on the Office's website at a later date.​

Contact Info:

Jack McDermott
Brittany Perez
850 413-2515
850 413-2515
 

 

 

About the Florida Office of Insurance Regulation
The Florida Office of Insurance Regulation (Office) has primary responsibility for regulation, compliance and enforcement of statutes related to the business of insurance and the monitoring of industry markets. For more information about the Office, please visit www.floir.com or follow us on Twitter @FLOIR_comm.

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