Other proposals to raise Citizens' rates and push homeowners toward the private market have run into opposition in the Legislature. 9Credit: Ingo70/Shutterstock)
When Florida lawmakers passed bills during a special legislative session to try to shore up the insurance industry, there no action taken to tackle issues with state-backed Citizens Property Insurance Corp., which holds over 850,000 policies and has had a large impact on Florida's troubled insurance market.
Want to continue reading?
Become a Free PropertyCasualty360 Digital Reader
Your access to unlimited PropertyCasualty360 content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Breaking insurance news and analysis, on-site and via our newsletters and custom alerts
- Weekly Insurance Speak podcast featuring exclusive interviews with industry leaders
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the employee benefits and financial advisory markets on our other ALM sites, BenefitsPRO and ThinkAdvisor
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
