Citizens board approves rate rises responding to higher costs
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Citizens board approves rate rises responding to higher costs

Jairo Ibarra
14 July 2021
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The board of Citizens Property Insurance has unanimously approved rate rises in response to new legislation that is expected to increase the state-owned company’s costs.

The new adjustments will push policies from August 1 and increase rates 7.6% on average for the policies renewing after February 1, 2022.

The

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NewsFloridaRatesRegulationFlorida Citizens
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Jairo Ibarra
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