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COMPANIES INVOLVED IN SWITCHES

The following companies charge rates that have not been approved by the State Office of Insurance Regulation. Because their rates are unapproved, insurance regulators are allowing consumers to switch to Citizens Property Insurance Corp. if they find Citizens offers lower rates.
 

Below are the companies and the unapproved rate increases they're implementing. (This list was compiled before the Special Session 1/16/07)

Company Name & Percent Change Requested:

Vanguard Fire and Casualty Co.. 92% to 90.9%

United Property & Casualty Insurance Co.. 88.5%

Homewise Insurance Co.. 80%

USF&G (Hull & Company)..?

First Home Insurance Co.. 73.4%

Service Insurance Co.. 72.5%

Sunshine State Insurance Co.. 56.2% to 70.7%

Federated National Insurance Co.. 61.1%

Liberty American Select Insurance Co.. 22.8% to 44.8%

USIC of Florida. 40.2%

St. Johns Insurance Co.. 22.5% to 35.3%

Tower Hill Preferred Insurance Co.. 27.1%

Edison Insurance Co.. 25%

Owners Insurance Co.. 23.3%

Southern-Owners Insurance Co.. 23.3%

Tower Hill Prime Insurance Co.. 21.6%

First Protective Insurance Co.. 20%

Hillcrest Insurance Co.. 20%

Omega Insurance Co.. 18.7%

Tower Hill Select Insurance Co.. 18%

First Community Insurance Co . 14.4%

Church Mutual Insurance Co.. 11.49%

Metropolitan Casualty Insurance Co.. 2.2%

Metropolitan Property and Casualty Insurance Co.. 2.2%

United Services Automobile Association . -3.3%

USAA Casualty Insurance Co.. -3.3%

 

Source: State Office of Insurance Regulation