Florida's Citizens Property Insurance, which has delayed a decision on rate hikes for 2019, intends to hold meetings to seek public input about what some insurers claim is a root cause of growing costs of policies.
Citizens President and CEO Barry Gilway announced Tuesday the state-backed insurer is working on the "logistics" for public roundtable discussions as a way to find solutions to the practice of "assignment of benefits." The announcement came after a request by state Chief Financial Officer Jimmy Patronis.
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