In the wake of criticism by key Florida lawmakers, the state-backed property and casualty insurer, Citizens Property Insurance Corp., is backing off plans to seek a new, larger office complex that once included a gymnasium, cafeteria and concierge service.
Two Republican state senators, Don Gaetz of Niceville and J.D. Alexander of Winter Haven, objected to Citizens seeking 100,000 square feet of more expensive office space at a time small businesses and families were smarting from high insurance rates. Both lawmakers sit on the Senate Banking and Insurance Committee. Gaetz said any extra dollars that might be available to the government-backed insurer should instead lower surcharges and lower premiums for its policyholders.
Topics Florida
Was this article valuable?
Here are more articles you may enjoy.
El Nino Is Here and Scientists Fear It’ll Bring Costly Heat, Floods, Droughts, Fires 
Impeachment Sought on Federal Judge Over Sex in Chambers, Lying to Investigators 
Judge Won’t Bend on $256M Defamation/RICO Verdict Against Human Rights Lawyer 
US Declares Power Emergency in Southeast as Heat Strains Grids From This Issue
