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Hartford Turned Down On Fla. Rate Hikes

Florida Insurance Commissioner Kevin McCarty announced today that he has denied property insurance rate hike requests from The Hartford Financial Services Group that ranged from nearly 30 percent to m

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Florida Insurance Commissioner Kevin McCarty announced today that he has denied property insurance rate hike requests from The Hartford Financial Services Group that ranged from nearly 30 percent to more than 226 percent.

According to the commissioner, the filings submitted were not actuarially justified and lacked supporting information.

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