July 3, 2012: Office of Insurance Regulation Public Rate Hearing

Jul 3, 2012

9:00 a.m.–Office of Insurance Regulation Public Rate Hearing: Praetorian Insurance Company. Praetorian Insurance Company has requested an average statewide rate change of -2.2 percent for its property collateral protection program, which is also known as “lender-placed insurance.” The proposed rate would be effective September 1, 2012 for new and renewal business. The requested rate change is not uniform and some areas would be subject to higher rates. To view the hearing notice, click here.