Fla. Office of Insurance Regulation Schedules Aug. 1 Hearing in Key West

A public hearing has been scheduled by the Florida Office of Insurance Regulation Aug. 1 in Key West concerning Citizens Property Insurance Corp.’s actuarial rate filings for Monroe County.

These rate filings proposed countywide average increases of 25.4 percent for their homeowners line of business and 20.2 percent for their mobile homeowners line of business. The requested rates are not uniform and some areas are subject to higher or lower rate changes.

The hearing will begin at 10 a.m. at the Key West High School auditorium, 2100 Flagler Avenue. The hearing has been changed from an earlier announced start time of 1 p.m. to allow more time for testimony.

Interested parties may speak at the hearing or may forward comments to Kristopher Duer at kristopher.duer@fldfs.com.

Source: Florida Office of Insurance Regulation