Incredibly bad move. Citizens is facing potentially $100 Million in legal fees alone for the roof scam, but FLOIR decides to disallow part of the this actuarially justified rate increase??? Citizens is going to explode in growth…
Yes, consumers are having affordability issues now, but picture how much worse the affordability issues will get if Citizens continues to balloon & FL is walloped with Storms as predicted resulting in a policyholder assessment…
Simply put, Citizens is not the answer to the affordability problem as the OIR suggests with this move. This short-term thinking is what got us (the FL HO market) to where we are today. De-populating Citizens is what’s in everybody’s collective best interest and this actively undermines that effort. Make it make sense.
Incredibly bad move. Citizens is facing potentially $100 Million in legal fees alone for the roof scam, but FLOIR decides to disallow part of the this actuarially justified rate increase??? Citizens is going to explode in growth…
Yes, consumers are having affordability issues now, but picture how much worse the affordability issues will get if Citizens continues to balloon & FL is walloped with Storms as predicted resulting in a policyholder assessment…
Simply put, Citizens is not the answer to the affordability problem as the OIR suggests with this move. This short-term thinking is what got us (the FL HO market) to where we are today. De-populating Citizens is what’s in everybody’s collective best interest and this actively undermines that effort. Make it make sense.
The noose tightens, a perfectly good metaphor.