28564771 - Florida Administrative Rules, Law, Code, Register

Florida Department of State and Division of Library and Information Services


Notice: 28564771
Notice of Meeting/Workshop Hearing

Department:	DEPARTMENT OF FINANCIAL SERVICES
Division:	OIR – Insurance Regulation


Overview



	The OIR- Insurance Regulation announces a hearing to which all persons are invited.

DATE AND TIME:	August 1, 2024, 1:00 p.m.

PLACE:	412K Knott Building, Tallahassee, FL 32399 Also access via webinar at https://attendee.gotowebinar.com/register/3788507392134968671 Access via telephone dial: 1(877) 568-4108; Access Code: 768-800-634

Subject:	Citizens Property Insurance Corporation has requested statewide average rate change for its business in the Coastal Account (“CA”), Commercial Lines (“CLA”), and Personal Lines Account (“PLA”). The below identifies the proposed rate changes that has been filed with the OIR: FILE NUMBER: FCP 24-030310, File and Use LINE OF BUSINESS: Homeowners Multi-Peril PROGRAM NAMES: Personal Lines Account HO (PLA) OVERALL PROPOSED RATE CHANGE: 13.5% EFFECTIVE DATES: 1/1/2025 for new and renewal business FILE NUMBER: FCP 24-030311, File and Use LINE OF BUSINESS: Homeowners Multi-Peril PROGRAM NAME: High Risk Account HO (CA) OVERALL PROPOSED RATE CHANGE: 14.4% EFFECTIVE DATES: 1/1/2025 for new and renewal business FILE NUMBER: FCP 24-30441, File and Use LINE OF BUSINESS: Dwelling Fire PROGRAM NAME: Personal Lines Account DW (PLA) OVERALL PROPOSED RATE CHANGE: 13.9% EFFECTIVE DATES: 1/1/2025 for new and renewal business FILE NUMBER: FCP 24-030444, File and Use LINE OF BUSINESS: Dwelling Fire PROGRAM NAME: Personal Residential Wind Only Dwelling Program (CA) OVERALL PROPOSED RATE CHANGE: 17.2% EFFECTIVE DATES: 1/1/2025 for new and renewal business FILE NUMBER: FCP 24-031016, File and Use LINE OF BUSINESS: Mobile Homeowners Multi-Peril PROGRAM NAMES: Personal Lines Account MH (PLA) OVERALL PROPOSED RATE CHANGE: 22.1% EFFECTIVE DATES: 1/1/2025 for new and renewal business FILE NUMBER: FCP 24-031018, File and Use LINE OF BUSINESS: Mobile Homeowners Multi-Peril PROGRAM NAMES: High Risk Account MH (CA) OVERALL PROPOSED RATE CHANGE: 26.6% EFFECTIVE DATES: 1/1/2025 for new and renewal business FILE NUMBER: FCP 24-031814, File and Use LINE OF BUSINESS: Mobile Homeowners Physical Damage PROGRAM NAMES: PRM Mobilehome Dwelling (PLA) OVERALL PROPOSED RATE CHANGE: 19.0% EFFECTIVE DATES: 1/1/2025 for new and renewal business FILE NUMBER: FCP 24-031855, File and Use LINE OF BUSINESS: Mobile Homeowners Physical Damage PROGRAM NAMES: PRW Mobilehome Dwelling (CA) OVERALL PROPOSED RATE CHANGE: 19.7% EFFECTIVE DATES: 1/1/2025 for new and renewal business FILE NUMBER: FCC 24-037237, File and Use LINE OF BUSINESS: Property/Commercial Residential (Excluding Condo Assn) PROGRAM NAMES: CPIC CR-M Non Condo (CLA) OVERALL PROPOSED RATE CHANGE: 11.5% EFFECTIVE DATES: 1/1/2025 for new and renewal business FILE NUMBER: FCC 24-037241, File and Use LINE OF BUSINESS: Property/Commercial Residential - Condo Assn Only PROGRAM NAMES: CPIC CR-M Condo (CLA) OVERALL PROPOSED RATE CHANGE: 12.0% EFFECTIVE DATES: 1/1/2025 for new and renewal business FILE NUMBER: FCC 24-037430, File and Use LINE OF BUSINESS: Property/Commercial Non-Residential PROGRAM NAMES: CPIC CNR-M (CLA) OVERALL PROPOSED RATE CHANGE: 0% EFFECTIVE DATES: 1/1/2025 for new and renewal business FILE NUMBER: FCC 24-037522, File and Use LINE OF BUSINESS: Property/Commercial Residential - Condo Assn Only PROGRAM NAMES: CPIC CR-W Condo (CA) OVERALL PROPOSED RATE CHANGE: 12.4% EFFECTIVE DATES: 1/1/2025 for new and renewal business FILE NUMBER: FCC 24-037523, File and Use LINE OF BUSINESS: Property/Commercial Residential (Excluding Condo Assn) PROGRAM NAMES: CPIC CR-W Non Condo (CA) OVERALL PROPOSED RATE CHANGE: 12.2% EFFECTIVE DATES: 1/1/2025 for new and renewal business FILE NUMBER: FCC 24-037525, File and Use LINE OF BUSINESS: Property/Commercial Non-Residential PROGRAM NAMES: CPIC CNR-W (CA) OVERALL PROPOSED RATE CHANGE: 0.4% EFFECTIVE DATES: 1/1/2025 for new and renewal business PUBLIC COMMENT: If you choose to access the hearing via telephone, or if you are unable to participate in this public hearing, please forward your comments to the Office of Insurance Regulation at ratehearings@floir.com; the subject line of your e-mail should read “Citizens Property Insurance Corporation.” The record will be open for public comment until August 15, 2024, at 5:00 p.m., ET.


	A copy of the agenda may be obtained by contacting: www.FLOIR.com/events.

PRINT PUBLISH DATE:	7/22/2024 Vol. 50/142


REFERENCE MATERIALS:	No reference(s).

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