Court dismisses insurers petitions - Business Courier of Cincinnati:

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The hearing will be on two rate receivedJune 13, that were to complty with the requirements of House Bill 1A for propertyh insurers to submit "true-up" filings reflective of the savinge obtained from the recentl y expanded Florida Hurricane Catastrophe The Cincinnati companies proposed a statewide averag 37.5 percent rate increase for homeowner's policiesd in Florida. That followed an approved rate reductiohn of 35 percent made earlier this which was effective June 1 for new and renewalo businessgoing forward. The companies also filee for a 14.5 percent statewide average rate increasw for Dwelling Fire policies in Florida to becomeeffectiver Jan.1, 2008.
The hearin will take place at 9:30 a.m. at the Senate Officr Building in Tallahassee, room 401. As of June 30, the companieds reported a totalof 15,350 residentia l property insurance policies in