FLORIDA - State regulators are still deciding if they'll allow a Florida insurer to raise its rates.

Farm Bureau is seeking a 28 percent rate hike.

The Office Of Insurance Regulation held a public hearing about the insurer's request in Tallahassee today.

Farm Bureau has more than a hundred thousand policy holders in Florida.

The company claims it needs to raise rates so it can cover claims if a major hurricane hits the state.

But, O-I-R spokesman Ed Domansky says regulators need more proof to support Farm Bureau's claims.

Ed Domansky / Office of Insurance Regulation: "It really comes down to a matter of not whether they've had a rate hike or where their rates have been over a number of years it really comes down to whether or not they've properly documented in their filing the rate that they're requesting now."

Regulators say they expect to have decision soon.

Meanwhile, State Farm is awaiting a decision on its request to raise property insurance rates in Florida by 47 percent.

A public hearing on that request will be held in Tallahassee on August 12th.Farm Bureau Asks For Rate Increase