ORDERS:
CONSENT ORDER AND ORDER OF DISMISSAL
1. On February 26, 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 +9.3% in its
mobile homeowners insurance rates.
2. On March 6, 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 Ray N. Stevens under the Docket No. 02-ALJ-09-0079-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, in this case, he took 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 upon 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.
______________________________
RAY N. STEVENS
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 |
