Information from the Office of Insurance Regulation re Public Hearings for American Strategic Insurance Corporation 2/06/2006
Jan 4, 2007
Please review the following press release from the Office of Insurance Regulation. Should you have any questions or concerns, please feel free to contact this office.
Regards,
Katherine A. Scott
02/08/06
Florida Office of Insurance Regulation Sets Public Hearings for American Strategic Insurance Corporation/ASI Assurance Corporation
Tallahassee – The Florida Office of Insurance Regulation will conduct public hearings in Orlando concerning rate filings by American Strategic Insurance Corporation/ASI Assurance Corporation. American Strategic is proposing a statewide average of 19 percent for homeowners insurance in one program and 18.6 percent for dwelling fire in a second program. The requested rate increases were not uniform and some areas are subject to a higher rate increase.
American Strategic proposed statewide average rate increases ranging from 5 to 56 percent for the homeowners insurance program and 6.5 to 39.8 percent for the fire dwelling program.
The hearings will be at the Hurston Building, 400 W. Robinson Street, South Tower (1st Floor), Orlando, on Feb. 13 at 10:00 a.m. and 6:00 p.m.
All policyholders and interested parties are invited to attend the hearings. Forward additional comments to kristopher.duer@fldfs.com.
Call the Florida Department of Financial Services Consumer Helpline at 1-800-342-2762 for more information.