State insurance regulators approved an average 8% rate hike for Citizens residential customers, down from the 14% hike requested by the company. The rate changes were announced in a final order

TALLAHASSEE -- Gov. Ron DeSantis on Wednesday said that many South Florida customers of the state's Citizens Property Insurance Corp. will receive rate decreases this year. During an appearance in Miami, DeSantis said 73 percent of Citizens customers with homeowners policies in Miami-Dade County will receive premium reductions.

Governor Ron DeSantis unveiled significant progress in Florida’s insurance market during a press conference in Miami today, announcing rate reductions for homeowners and auto insurance, as well as the entry of 11 new insurance companies into the state.

Significant rate decreases will soon be announced for Citizens Insurance customers in Broward and Miami-Dade counties, Gov. Ron DeSantis announced on Wednesday. The company in June had asked for

TALLAHASSEE — Florida regulators have approved new rates for the state’s Citizens Property Insurance Corp., with premiums for the most-common type of homeowners policy increasing by a statewide average of 6.6 percent.

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