A public rate hearing will be held to discuss the State Farm Florida Insurance Company's proposed rate increases, which are as follows:Homeowners': 27.9 percentCommercial Multi Peril Residential: 95.7 percentState Farm Florida Insurance Company's proposed statewide average rate level increases vary by area. A copy of the agenda is attached.
Room 116, Larson Building200 E. Gaines StreetTallahassee, FloridaLive video of the hearing will not be available, however a recording will be available on our website at a later date.
About the Florida Office of Insurance RegulationThe 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.