Citizens chief actuary calls for 11% rate increase
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Citizens chief actuary calls for 11% rate increase

Liz Bury
01 April 2022
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Brian Donovan, vice president and chief actuary at Citizens, has called for the allowance of an 11% rate increase so the company might achieve “overall actuarial soundness”.

At a rate hearing yesterday, the state-backed carrier’s president and CEO Barry Gilway detailed how exponential growth at Citizens was being driven by its competitive position on rates.

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