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Florida Regulators May Reject State Farm Rate Increase

Southeast News • August 14, 2008
A State Farm rate increase appears in jeopardy after regulators grilled company officials for hours about a request to jack up rates in Florida by 47.1 percent. Florida's insurance consumer ...

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Subject: RE: RE: Rate Hike

Posted On: August 14, 2008, 1:32 pm CDT
Posted By: Just to Clarify
Comment:
One of the reasons State Farm indicated they needed the rate hike was to bring more $$ in the door because too many of their consumers are trying to mitigate future damages by "hardening" their homes against future hurricanes and thus becoming eligible for discounted rates.

Is it just me getting it wrong or does a stronger home mean that is less likely that State Farm will have to pay out Big $ down the road?

State Farm is saying We need more money because in the future we will have to pay out less money.....Hmmm...I'm stumped by that logic.
Subject Posted By Posted On
State Farm Florida just been dropped jupiterJoe
Aug 20, 2008, 9:55 am
RE: RE: RE: RE: SF Rate Hike Request: john thomas
Aug 19, 2008, 9:48 am
Most recent rate hike request by State Farm Florida Arthur L. Mackey
Aug 16, 2008, 7:55 am
RE: RE: RE: SF Rate Hike Request: Pud
Aug 15, 2008, 10:53 pm
RE: RE: SF Rate Hike Request: nobody important
Aug 15, 2008, 9:58 pm
RE: SF Rate Hike Request: Pud
Aug 15, 2008, 7:50 pm
State Farm Florida Sam
Aug 15, 2008, 1:57 pm
RE: RE: RE: SF Rate Hike Request: nobody important
Aug 15, 2008, 12:17 pm
RE: RE: SF Rate Hike Request: Pud
Aug 15, 2008, 11:17 am
RE: SF Rate Hike Request: How True
Aug 15, 2008, 9:34 am
RE: SF Rate Hike Request: Nobody Important
Aug 15, 2008, 9:28 am
SF Rate Hike Request: Danny
Aug 15, 2008, 9:09 am
RE: RE: RE: RE: RE: SF Rate Hike Request: Tom Banner
Aug 15, 2008, 7:51 am
RE: RE: RE: RE: SF Rate Hike Request: Nobody Important
Aug 15, 2008, 7:16 am
RE: RE: RE: SF Rate Hike Request: Pud
Aug 15, 2008, 5:39 am
What Rate Hike? Eddie Crust
Aug 14, 2008, 10:01 pm
RE: RE: SF Rate Hike Request: nobody important
Aug 14, 2008, 7:28 pm
RE: SF Rate Hike Request: Pud
Aug 14, 2008, 6:51 pm
Duh to Florida's Ins Dept and Rate Hike Ed Bob
Aug 14, 2008, 2:32 pm
RE: Mitigation and credits Nobody Important
Aug 14, 2008, 2:21 pm
Mitigation and credits Tom
Aug 14, 2008, 2:12 pm
SF Rate Hike Request: Danny
Aug 14, 2008, 2:01 pm
RE: RE: Rate Hike Just to Clarify
Aug 14, 2008, 1:32 pm
RE: Rate Hike Bill
Aug 14, 2008, 1:28 pm
RE: Rate Hike Pat Beranger
Aug 14, 2008, 1:13 pm
Rate Hike Ed
Aug 14, 2008, 1:02 pm
RE: Big Surprise SWFL Mark
Aug 14, 2008, 12:51 pm
Big Surprise Nobody Important
Aug 14, 2008, 10:24 am
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