ORDERS:
CONSENT ORDER
1. On July 6, 1998, Phillip 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 Bankers Insurance Company (the
Company) requesting an approval of an increase of its mobile home owners property and casualty
insurance premium rates.
2. On July 10, 1998, the Department filed with the Administrative Law Judge Division
(ALJD) an Agency Transmittal Form requesting a public hearing in accordance with the rules of this
Division.
3. The ALJD assigned this matter to the Honorable Ralph K. Anderson under the Docket
No. 98-ALJ-09-0420-CC. The public hearing on this proposed rate increase has been scheduled for
October 14, 1998, at 2:00 p.m.
4. Meanwhile, the Department and the Consumer Advocate requested additional
information from the Company. Subsequent discussions between the Company and the Department
allayed the Department's original concerns about the excessiveness of the rate increases by this
company. The Company agreed to modify its rate increase request and cap them. The modified rate
increase requests do not exceed twenty percent.
5. Because of the additional information and clarifications provided by the Company,
and the modifications made to the filing by the Company, the Department no longer believes that
the filing will result in rates that are excessive, inadequate or unfairly discriminatory. The original
request for a hearing in this matter is now withdrawn via consent of all the parties.
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.
___________________________
Ralph K. Anderson
Administrative Law Judge
November 16, 1998
Columbia, South Carolina
WE CONSENT:
_________________________ ____________________________
Authorized Representative Gwendolyn L. Fuller, Esquire
American Bankers Insurance Company SC Department of Insurance
of Florida PO Box 100105
11222 Quail Roost Drive Columbia, SC 29202-6160
Miami, Florida 33157
Hana-Pokorna-Williamson, Esquire
SC Department of Consumer Affairs
PO Box 5757
Columbia, SC 29250-5757 |
