Tallahassee (March 30, 2007) - The Florida Office of Insurance Regulation (Office) has scheduled a public hearing on a rate filing submitted by Nationwide Insurance Company of Florida (Nationwide). The hearing for this rate filing will be held in Tallahassee, in the Cabinet Room, Lower Level, at The Capitol. The hearing will be held on April 2, 2006.
Nationwide has requested an average statewide rate increase of 70 percent for its dwelling fire program under Florida's "file-and-use" provision, with an effective date of June 30, 2007. The public hearing for this rate filing is scheduled for April 2, 2006, at 10:00 a.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 along with agendas at
www.floir.com under the Public Rate Hearings portion of the website. 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.
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