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Press Release

- Media Advisory - Press Conference Scheduled Tomorrow On Release Of Discount Savings Factor
Wednesday, February 28, 2007
TALLAHASSEE (02/28/2007) - Florida Insurance Commissioner Kevin McCarty will be releasing property insurance discounts insurers are required to pass along to policyholders tomorrow during a press conference in Tallahassee.  Legislation passed during the recent Special Session of the Florida Legislature required the Office of Insurance Regulation (Office) to calculate the Presumed Factor which establishes how much savings the insurance reforms should yield for policyholders in various regions around the state.  McCarty will be joined by J. Robert Hunter, who has been working with the Office as a consulting actuary, to determine the rate reductions.  Hunter is the former insurance commissioner of the state of Texas and presently serves as the director of the Consumer Federation of America. 
 
Press Conference:
Thursday, March 1, 2007
10:00 a.m.
Room 116, Larson Building
200 East Gaines Street
Tallahassee, Florida  32399-0300
 
Pursuant to the provisions of the Americans with Disabilities Act, any person requiring special accommodations to participate in this conference should telephone Sam Coskey at (850) 413-2616 or e-mail him at sam.coskey@fldfs.com.
 
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