ORDERS:
CONSENT ORDER AND ORDER OF DISMISSAL
1. On January 7, 2002, Philip S. Porter, Consumer Advocate for the State of South Carolina (the Consumer Advocate)
requested the South Carolina Department of Insurance (the Department) to initiate a public hearing on the filing of
American Family Home Insurance Company (the Company) requesting an approval of an overall increase of +15.1% in its
mobile homeowners insurance rates.
2. On January 14, 2002, the Department filed with the Administrative Law Judge Division an Agency Transmittal Form
requesting a public hearing.
3. The Administrative Law Judge Division assigned this matter to the Honorable Carolyn C. Matthews under the Docket
No. 02-ALJ-09-0018-CC. A hearing on the matter has not yet been set.
4. Meanwhile, the Consumer Advocate retained a consulting actuary and requested two sets of additional information from
the Company primarily consisting of more data for calculation of investment income. Having considered the new
information, the Consumer Advocate now comes to the conclusion that he no longer wishes to pursue his opposition to this
rate request. Even though the Consumer Advocate's actuary came with a rate indication lower than the Company's
indication, taking into account the hard-to-write market segment serviced by the Company (i.e., the mobile homeowners)
and the issue of availability of mobile homeowners insurance for the citizens of South Carolina. The Consumer Advocate
withdraws his request for hearing under the condition that this withdrawal will not be interpreted as a precedent for his
acquiescence in similar requests in the future.
5. Based on the foregoing, the Consumer Advocate now withdraws his original request for a hearing in this matter.
6. There are no unresolved issues remaining; therefore, all parties agree to the dismissal of this matter.
NOW, THEREFORE, the above referenced matter is dismissed.
IT IS SO ORDERED.
__________________________________
CAROLYN C. MATTHEWS
Administrative Law Judge
May 21, 2002
Columbia, South Carolina
WE CONSENT:
Matthew Ellington T. Douglas Concannon, Esquire
American Family Home Ins. Co. Associate General Counsel
7000 Midland Blvd. South Carolina Department
Cincinnati, OH 45102-2607 of Insurance
P.O. Box 100105
Columbia, SC 29202-6160
Hana Pokorna-Williamson, Esquire
Staff Attorney
South Carolina Department of
Consumer Affairs
P.O. Box 5757
Columbia, SC 29250-5757 |
