Florida insurance regulators today will review proposed rate increases for one of the state’s largest property insurers.
Florida Peninsula Insurance Co., ranked seventh largest property insurer, is seeking rate increases ranging from 3.3 percent to 19.5 percent.
The Office of Insurance Regulation has scheduled a hearing for this morning in Tallahassee.
The Florida Peninsula Insurance Co. rate requests break out as follows:
- Homeowners Preferred (ex-sinkhole): 17.8 percent
- Homeowners Elite (ex-sinkhole): 19.5 percent
- Homeowners Preferred (sinkhole): 3.3 percent
- Homeowners Elite (sinkhole): 5.4 percent
Topics Florida Pricing Trends Homeowners
Was this article valuable?
Here are more articles you may enjoy.
Hartford: 10-Year Analysis Shows Shifts in Common, Expensive Small-Business Claims 
Abbott Presses Congress for Legal Shield Over Preemie Baby Formula Lawsuits 
California Again Delays Wildfire Protection Rules for Homes 
What to Expect in 2026: US P/C Results More Like 2024 
