Four public hearings have been scheduled March 1 in Florida to discuss Nationwide Insurance’s proposed 28.3 percent statewide average rate increase for homeowner’s insurance policies.
Two hearings are scheduled in West Palm Beach on the east coast and two in Pinellas County on the west coast of Florida.
The Florida Administrative Code requires public hearings on rate requests that are more than 25 percent and result in an additional $2 million in premiums.
Topics Trends Florida Pricing Trends
Was this article valuable?
Here are more articles you may enjoy.
Florida Grand Jury Finds DeSantis Admin Misused $10M; Yaworsky Signed Off on it
First Half US P/C Industry Underwriting Gain Jumps to $31.7B
Global Insured Catastrophe Losses Expected to Average $171 Billion Annually: Verisk
USI Sues 3 Former Producers After They Allegedly Moved Clients to Howden US 

