State regulators approve rate drop for Citizens

Published



TALLAHASSEE, Fla. (AP) — State regulators are signing off on rate decreases for Florida’s largest property insurer.

The Office of Insurance Regulation announced Friday it has approved an average 3.7 percent rate decrease for homeowners covered by Citizens Property Insurance. The rate drop will take effect in February 2015.

Full midterm coverage.Deeper analysis.

Get unlimited access to Washington Examiner's reporting, expert analysis, and coverage of the midterm elections.

Get Unlimited Access

Cancel anytime.