September 06, 2006
Regulator to hear from insurance companies
The Florida Office of Insurance Regulation (OIR) recently scheduled public hearings on rate filings submitted by Companion Property and Casualty Insurance Co., Vanguard Fire and Casualty Co., Omega Insurance Co. and Tower Hill affiliate insurance companies. The requested rates for all the companies are not uniform. Some areas in the state are subject to higher or lower rate changes. Southflorida.bizjournals.com reports:
Tower Hill filed for statewide average increases of 27.2 percent, 21.5 percent and 18 percent for its various homeowners insurance lines in Florida, as well as 32.9 percent for one of its dwelling fire insurance programs.
Read more: Regulator to hear from insurance companies
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