The Florida Office of Insurance Regulation (OIR) is conducting a rate hearing to receive public comment for Citizens’ proposed rate changes at 1 p.m. on Thursday, March 31, 2022.
The purpose of the public hearing was to discuss Citizens’ proposed rate changes for its business in the Coastal Account (CA), Commercial Lines Account (CLA), and the Personal Lines Account (PLA).
The proposed effective date of the proposed rate changes is August 1, 2022.
Comments will be accepted for consideration on rate filings until 5:00 p.m. (Eastern Time) on April 14, 2022. Under Florida law, written communications to the OIR are public record and subject to disclosure, including being available to the public and media.
The revised proposed Citizens rate filings listed below can be accessed via the IRFS Forms & Rates Filing Search system by using the following search criteria: file log numbers (see chart below) or by entering “Citizens” as the “company name” in the “Quick Search” tab. Scroll down to the bottom of the results page for the most recent filing information.
|File Log #|
|Account||Proposed Rate Level Effect by|
Territory and Country
|22-002005||+10.7%||Homeowners Multi-Peril (PLA)||HO-3, HO-4, HO-6 (PLA)|
|22- 002027||+10.0%||Homeowners’ Multi-Peril (CA)||HO-3, HO-4, HO-6 (CA)|
|22-002262||+10.8%||Property/Personal (Dwelling Fire) (PLA)||DP-1, DP-3 (PLA)|
|22-002263||+10.4%||Property/Personal (Dwelling Fire) Wind Only (CA)||DW-3 (CA)|
|22-002504||+10.6%||Mobile Homeowners Wind Only (CA)||MHO-3 (CA)|
|22-002505||+10.7%||Mobile Homeowners Multi-Peril (PLA)||MHO-3, MHO-4 (PLA)|
|22-002899||+10.8%||Mobile Homeowners Physical Damage (PLA)||MHO-Dwelling (PLA)|
|22-002900||+10.7%||Mobile Homeowners Physical Damage Wind Only (CA)||MHO-Dwelling (CA)|
|22-003394||+8.7%||Commercial Residential Multi-Peril Condo Assn. (CLA)||CRM Condo (CLA)|
|22-003395||+10.2%||Commercial Residential Multi-Peril Excluding Condo Assn. (CLA)||CRM Non-Condo (CLA)|
|22-003506||+0.7%||Commercial Non-Residential Multi-Peril (CLA)||CNRM (CLA)|
|22-003648||+9.9%||Commercial Residential Wind Only Condo Assn. (CA)||CRW Condo (CA)|
|22-003649||+10.6%||Commercial Residential Wind Only Excluding Condo (CA)||CRW Non Condo (CA)|
|22-003765||+11.0%||Commercial Non-Residential Wind Only (CA)||CRNW (CA)|