Citizens Insurance hearing in Tampa on Tuesday

New Port Richey state Senator Mike Fasano, who strongly opposed the legislation (SB 408) when it was voted on this spring in the state Legislature, recently led a public protest against the rate hikes in New Port Richey last month.

The Senator issued a press release on Monday to alert the public about the hearings.

“This hearing will be the final opportunity for the public to weigh in on this devastating rate increase application,” Senator Fasano states. “The Office of Insurance Regulation will be making its decision on the potential premium hikes in the days immediately following the hearing.”

“I encourage everyone who may be impacted by this rate increase to come to the Tampa Convention Center and let your voice be heard,” Senator Fasano states. “I truly believe that through strength in numbers our message will be heard loudly and clearly. If the Office of Insurance Regulation can see firsthand just how much of an impact these rate increases will have on everyday Floridians it is my hope the rate requests will be given a closer look.”

The Tampa Convention Center is located at 333 South Franklin Street in Tampa.

  • Mike Fasano

Citizens insurance customers area residents who face prodigious rate hikes for sinkhole coverage will get their opportunity to vent Tuesday afternoon in Tampa, when the Office of Insurance Regulation hosts a public meeting scheduled for 4:00 p.m. at the Tampa Convention Center.

The Office of Insurance Regulation is considering Citizens’ recent application for sinkhole rate increases that will reach up to - seriously - 2,000 percent in some counties. The average statewide average increase is set at 429 percent.

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