Citizens News

Florida Homeowners Insurers Seek ‘Flex-Rating’ Up to 15%

Florida lawmakers are considering giving homeowners insurers more flexibility to raise rates. The Florida Senate and Banking Insurance Committee recently approved a bill that would give homeowners insurers some latitude, allowing them to raise their rates without first getting approval …

Florida Lawmakers Aim to Shrink State Insurer Citizens

Florida lawmakers are looking to cut the state’s largest property insurer down in size. The plan is to reduce the number of properties insured by Citizens Property Insurance Corp. by allowing it to raise its rates by as much as …

Florida Charities, Businesses Call for End to Hurricane Premium Taxes

A coalition of Florida charitable and business groups is pressing the state to eliminate assessments charged all policyholders to subsidize the state-backed insurance provider and hurricane claims fund. In a letter to Gov. Rick Scott, the groups called on him …