HOI Rate Hike

Check it out

http://www.miamiherald.com/2012/09/20/3012982/insurance-rate-hike-would-be-disastrous.html#storylink=misearch

Thanks, Fred.

Just in case anyone is interested, here’s a video of the Rate Hearing…

http://thefloridachannel.org/video/92012-office-of-insurance-regulation-rate-hearing-for-citizens-property-insurance-corporation/

…public testimony starts halfway through the video.

OIR announces decision…

http://www.floir.com/PressReleases/viewmediarelease.aspx?id=1966

So that looks like about a 19% total premium increase. In five years, as predicted, that would be over %100!