Citizens Insurance is looking for a new increase in rates and it would take effect right after hurricane season ends.
Tag: insurance rate hike
Citizens Insurance Reduces Rate Hikes
Citizens Property Insurance is scaling back a proposed rate hike after lawmakers and Florida Gov. Ron DeSantis approved an overhaul that the state-backed insurer has long pursued. Members of Citizens’ Actuarial and Underwriting Committee advanced a plan Tuesday to the full Board of Governors to lower a proposed average residential premium increase from 8.2 percent… Continue reading Citizens Insurance Reduces Rate Hikes