Citizens delays 7.9% rate increase

21 June 2018

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The board of Florida’s Citizens has voted to wait until December before deciding on a proposed 7.9 percent rate increase to give policyholders more time to recover from Hurricane Irma.

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Citizens delays 7.9% rate increase

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Citizens delays 7.9% rate increase

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Fuel a smarter strategy with our actionable market intelligence

Topics

GIE Gareat’s terrorism bond prices near top end of guidance at 5.25%

American Coastal targets $100mn of Florida named storm coverage

Twia to target 43% more limit at $5.8bn on exposure growth and Beryl losses

Allstate pegs October cat losses at $226mn post-tax

Plenum’s Dynamic Cat Bond Fund reaches $200mn in AuM