Farm Bureau's hike: $2.4 million a month
Florida Farm Bureau protests a request by state regulators to delay
an upcoming administrative hearing on the company's denied property
insurance rate hike.
The 25 percent increase was to have gone into effect earlier in
October and every day that goes by is costing Florida Farm Bureau
$78,000 in lost revenue -- $2.4 million a month.
Or look at it this way.
an upcoming administrative hearing on the company's denied property
insurance rate hike.
The 25 percent increase was to have gone into effect earlier in
October and every day that goes by is costing Florida Farm Bureau
$78,000 in lost revenue -- $2.4 million a month.
Or look at it this way.
Every day that goes by without the rate hike being approved is saving
Florida Farm Bureau's customers $78,000 -- $2.4 million a month.


About Me: Paige is a reporter at the Florida Capital Bureau.








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1 Comments:
Great. I just asked Florida Farm Bureau for a homeowners insurance quote. I bet it won't be cheap.
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