sinkhole rate increases News

Florida officials and the state’s-backed property insurer were working to find common ground in the aftermath of the political firestorm over the insurer’s proposed large hike sinkhole coverage rates, with the insurer indicating it will implement the approved rates that …

South Florida residents will have their say over the state-backed insurer’s proposed triple-digit increase in sinkhole rates as regulators announced they will hold a public hearing on the issue in Tampa on September 13. Insurance Commissioner Kevin McCarty said his …