Florida regulators approve new rates for Citizens with changes taking effect June 1
TALLAHASSEE — Florida regulators have approved new rates for the state’s Citizens Property Insurance Corp., with premiums for the most-common type of homeowners policy increasing by a statewide average of 6.6 percent.
Florida now has 7.58 million active insurance policies, marking an increase of over 130,000 in the past year. The overall ...
The news about Citizens, which offers coverage to Floridians unable to get policies from insurance firms, follows years of double-digit increases.
Fast-growing startups are dramatically reshaping Florida's insurance landscape and introducing new risks to market stability.
TALLAHASSEE — Most Miami-Dade and Broward county homeowners with state-run Citizens Property Insurance will see their ...
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