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See your advertisement here

Allstate files for rate hikes

by bizjournals.com - Nov 12,2007

The Florida Office of Insurance Regulation has scheduled a Nov. 15 hearing in Tallahassee to discuss rate increases proposed by the Allstate insurance group.

Allstate has submitted proposed rate increases for four homeowners insurance programs of 27.4 percent, 39.7 percent, 41.6 percent and 43.4 percent, and a dwelling fire program with a proposed rate increase of 36.5 percent.

The hearing is not related to subpoenas issued to the Allstate companies on Oct. 16 regarding its reinsurance programs, and their relationships to risk modeling companies, insurance rating organizations and insurance trade associations.

A hearing concerning those subpoenas is still scheduled for Jan. 15.

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Allstate under state investigation by Tallahassee-Democrat posted on Oct 16,2007
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Allstate goes to state with rate increase request by The-Charlotte-Observer posted on Nov 02,2006
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