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Florida Insurance Commissioner promises balance in Citizens rate increases
Written on:August 4, 2011
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In the wake of one of the largest insurance rate increases to hit the state, Florida’s Citizens Property Insurance has been the subject of criticism from the public and state regulators. The state-run insurance company recently received approval to hike up the premiums for sinkhole coverage by an average of 429%. These rates have yet to take effect, a fact that Insurance Commissioner Kevin McCarty has been keen to express….
Read more...In category: Homeowners, News
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