Citizens Insurance customers who renew their policies after June 1 shouldn’t expect their premiums to fall despite what the ...
The news about Citizens, which offers coverage to Floridians unable to get policies from insurance firms, follows years of ...
Still, the estimated Citizens increases would have been larger if insurance regulators had approved the 13.5% increase requested by the company for its single-family homeowner policies last June.
The Citizens premium increases would have been larger if insurance regulators had approved the 13.5% average rate hike requested by the company for its single-family homeowner policies last June.
Mangrove Property Insurance is the 11th new company approved to offer insurance in Florida since reforms were enacted in 2022 and 2023, the insurance commissioner said.
Premiums should be cheaper for about three-quarters of policy holders in Miami-Dade, and half of policy holders in Broward.
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