CINCINNATI INDEMNITY ASKS OIR TO BOOST FLA. RATES

Cincinnati Ind-emnity Co. and Cincinnati Insurance Co. have joined the list of Florida home insurers asking the Florida Office of Insurance Regulation for permission to raise its premiums by as much as 37 percent, statewide. About 15,000 Florida policyholders would be affected by the request. The biggest increase would be in St. Johns County in northeast Florida.

A hearing on the request has been scheduled by the OIR June 22 in Sarasota, an area in which a large number of its policyholders reside.

Topics Florida