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Press Release

Florida Office Of Insurance Regulation Sets Public Hearings For QBE, Citizens
Friday, January 20, 2006
Contact:   Beth Scott
               850/ 413-2515
 
Tallahassee -The Florida Office of Insurance Regulation will conduct public hearings in Miami and Clearwater concerning rate filings by QBE Insurance Corporation and Citizens Property Insurance Corporation. QBE is proposing a statewide average of 38 percent. Citizens is proposing increases from 22.6 percent to 68.2 percent statewide. The requested rates were not uniform and some areas are subject to a higher rate increase.
 
The QBE hearings will be at the Manuel Artime Theater, 900 SW 1st Street, Miami, on Jan. 31 at 10:00 a.m. and again at 6:00 p.m.
 
The Citizens hearings will be at the same location, Manuel Artime Theater, on Feb. 1 at 10:00 a.m. and at 6:00 p.m. The Citizens hearings will move to The Harborview Center, 300 Cleveland Street, Clearwater, on Feb. 2 at 6:00 p.m. and on Feb. 3 at 10:00 a.m.
 
All policyholders and interested parties are invited to attend the hearings. If you are unable to attend these hearings, please forward your comments to Kristopher Duer at kristopher.duer@fldfs.com.
 
For more information on this hearing, please call the Florida Department of Financial Services Consumer Helpline at 1-800-342-2762.
 
Pursuant to the provisions of the Americans With Disabilities Act, any person requiring special accommodations to participate in these hearings, please contact the Manuel Artime Theater at (305) 575-5057 or The Harborview Center at (727) 462-6778 at least 48 hours before the hearings.
 
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