property insurance rate hikes News

Florida regulators are signing off on rate hikes for hundreds of thousands of Citizens customers. The Office of Insurance Regulation announced Monday that it has approved an overall statewide rate hike of 6.3 percent for Citizens Property Insurance Corp. Citizens …

Florida’s largest property insurer has approved another round of rate hikes that could affect more than a million policyholders. The board for Citizens Property Insurance Corp. voted Wednesday to raise rates by a statewide average of 7 percent next year. …