In its rate filing of June 20, Florida Farm Bureau requested a statewide average increase of 28.4 percent for its homeowners line of business.
The Florida Office of Insurance Regulation announced a public rate hearing to discuss the rate increase request. The hearing will take place on July 30 at 9 a.m. at the Senate Office Building in Tallahassee.
Source: Florida Office of Insurance Regulation
Was this article valuable?
Here are more articles you may enjoy.
NY Lawmakers Agree to Governor’s Auto Insurance Reforms in New Budget 
Natural-Disaster Insurance Gap Now Exceeds $420 Billion Globally 
United Co-Pilot Warned Plane Was Slow, Low Before Newark Mishap 
D&O Market Expected to Tighten Under Pressure, Says AM Best 
