FORTUNE INS. CO. v. DEPARTMENT OF INS.

No. 95-9.

664 So.2d 312 (1995)

FORTUNE INSURANCE COMPANY, Appellant, v. DEPARTMENT OF INSURANCE, Appellee.

District Court of Appeal of Florida, First District.

December 8, 1995.


Attorney(s) appearing for the Case

Harold H. Catlin and Holly J. McCorkle of Saalfied, Catlin & Coulson, P.A., Jacksonville, for Appellant.

James B. Redner, Department of Insurance, Tallahassee, for Appellee.


SMITH, Senior Judge.

Fortune Insurance Company (hereafter "Fortune") appeals from a final order of the Department of Insurance (hereafter "Department"). The Department ruled that it has the authority, under Section 627.062(2)(g), Florida Statutes, to review and disapprove an insurer's rate as excessive at any time after the expiration of a period of one year following final approval by the Department, without necessity for a finding that a material misrepresentation...

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