Even though the chairman of Citizens Property Insurance Corp. called it “fiscally irresponsible,” the state’s largest property insurer is moving ahead with a controversial new rate structure for 2010.

Citizens’ Board of Governors in July approved new premiums that will require a 10 percent hike in rates for many of the more than one million policyholders covered by Citizens. But it will also call for rate decreases of up to 10 percent for thousands of customers who live in areas where the carrier does not have as much risk.

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