In Citizens’ 2016 rate proposal, approved last month by the Citizens Board of Directors and awaiting approval by the Florida Office of Insurance Regulation, the insurer of last resort did not recommend any sinkhole rate increases for 2016 for most …
Florida residents covered through the state’s largest homeowner insurer will soon pay more for coverage after the insurer ratified a number of rate hikes recently approved by regulators. The Citizens Property Insurance Corp. board of governors voted unanimously to approve …
Florida homeowners came by the hundreds in cars and buses to speak out against the state-backed property insurer’s plan to increase sinkhole rates by an average 429 percent. At an unprecedented public hearing in Tampa last night, Citizens Property Insurance …
Florida residents who have sinkhole insurance through the state-backed property insurer will see any premium increases phased-in over a number of years based on a new policy of the insurer. The Citizens Property Insurance Corp. board of governors held an …
