The case revolves around a revised rate manual Citizens filed in 2003 with OIR that included statutorily required credits for condos with concrete roof decks. However, Beck charges that the insurer failed to apply those credits to qualified condominium associations in the state. (Credit: Mia2you/Shutterstock.com)
Citizens Property Insurance allegedly overcharged Florida condominium association policyholders for years, according to the Fort Lauderdale, Fla., law firm Becker. The firm also accuses the Florida Office of Insurance Regulations (OIR) of partaking in secret communications with the insurer, which resulted in a consent order being issued without a trial or considering the legality of the insureds' claims.
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Steve Hallo
Steve Hallo is managing editor of PropertyCasualty360.com. He can be reached at [email protected]
