Florida Citizens rate hikes News

The Florida Office of Insurance Regulation (OIR) has issued an order establishing the 2017 commercial property rates for Citizens Property Insurance Corporation. Rates are going up for all accounts except the Commercial Property Non-Residential Multi-Peril. Some lines will see rate …

Florida’s largest property insurer, already under fire for everything from recent business deals to how much it pays its executives, is readying another round of rate hikes for homeowners. The board of Citizens Property Insurance Corp. meets next week in …