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Talk of the bay
Rate increase request triggers insurance hearing
By JEFF HARRINGTON
Published September 12, 2005
Not every property insurance increase coming down the pike can be blamed on hurricanes and sinkholes.
In a variation on the theme plaguing Florida homeowners, Auto-Owners Insurance Co. has filed for a 20 percent average statewide increase. Not for hurricanes, but for coverage of fires and other direct physical loss.
The size of the filing was enough to trigger a public hearing. Florida's Office of Insurance Regulation will hold a hearing Sept. 22 at the Harborview Center, 300 Cleveland St., Clearwater.
[Last modified September 9, 2005, 20:57:01]
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