Citizens Property Insurance makes case to state for double digit rate hike
Florida insurance regulators Thursday afternoon considered a rate hike for homeowners using the state-backed insurer of last resort.
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Florida insurance regulators Thursday afternoon considered a rate hike for homeowners using the state-backed insurer of last resort.
Having visited the United Kingdom last week, one of the locations on Governor of Florida state Ron DeSantis' agenda was an event co-hosted by Lloyd's of
Governor Ron DeSantis (pictured) and Tim Cerio, CEO of Citizens Property Insurance Corporation held an open discussion with reinsurance companies in London
Policyholders with the now-insolent United Property & Casualty Insurance Co., who have existing damage and who have been assumed by Citizens Property
Citizens Insurance is seeking a 14.2% rate increase. Mark Friedlander, of the Insurance Information Institute, says it could have been much higher if they weren't rate-restricted.