A state audit released in January could spark a fierce legislative battle this spring and raises additional concerns about the viability of both Citizens Property Insurance Corp. and the Florida Hurricane Catastrophe Fund (Cat Fund).
State auditors found that Citizens' policyholders who hire public adjusters wind up getting more money for their claims than those without public adjusters.
Auditors who work for the Florida Legislature spent months combing through claims data filed with Citizens, the state's largest property insurer with more than one million policyholders. The Office of Program Policy Analysis and Government Accountability sorted through more than 76,000 claims filed between March 2008 and June 2009.
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