jump to main menu jump to subject menu jump to content jump to footer
Press Release print image

Press Release

Public Hearings Set For Rate Filings From Foremost And United Property And Casualty
Thursday, November 9, 2006
Tallahassee, Fla. – The Florida Office of Insurance Regulation (Office) has scheduled public hearings on rate filings submitted by Foremost Insurance Company, Foremost Property and Casualty Insurance Company, and United Property and Casualty Insurance Company (United).  Hearings for these rate filings will be held in Tallahassee, in the Senate Office Building, room 401, at The Capitol.  The hearings will be held on November 16, 2006.
Foremost Insurance Company has requested an average statewide rate increase of 38.5 percent for its mobile homeowners program and Foremost Property and Casualty Insurance Company has requested a 46.9 percent average statewide rate increase for its mobile homeowners line of business.  The public hearing for these rate filings is scheduled for November 16, 2006, at 10:00 a.m.
United filed for a statewide average increase of 60.7 percent for its dwelling fire lines in Florida and 88.5 percent for its homeowners program. The public hearing for this rate filing will take place November 16, 2006, at 1:00 p.m.
The requested rates are not uniform and some areas in the state are subject to higher or lower rate changes.  Florida law requires that the Office hold public hearings on rate filings requesting a statewide average increase of 15 percent or higher, or for any reason the Office deems necessary. 
These hearings are open to the public, and input from interested parties is welcomed.  The hearings will be taped by the Florida Channel and video will be available online at http://www.floir.com/Sections/PandC/ProductReview/RateHearingVideo.aspx. Those unable to attend the public hearings are welcome to forward comments to the Office at ratehearings@fldfs.com.  The subject line of emails should include the name of the company of interest and the words rate hearing.
Pursuant to the provisions of the Americans with Disabilities Act, any person requiring special accommodations to participate in this hearing should telephone Sam Coskey at (850) 413-2616 or e-mail him at sam.coskey@fldfs.com at least 48 hours prior to the hearing.
            The public hearing video for Allstate Floridian Insurance Company and Allstate Floridian Indemnity Company is now available online at http://www.floir.com/Sections/PandC/ProductReview/RateHearingVideo.aspx.
# # #