Citizens Insurance Review 2024 | Bankrate
Savings Corner
APRIL 4, 2024
In December 2022 : The Florida Legislature passed Senate Bill 2-A, which includes reform to the Citizens insurance program. This led the Florida Office of Insurance Regulation (OIR) to create a reinsurance fund through Citizens in August 2022. OIR then granted Citizens a 6.4 OIR then granted Citizens a 6.4 percent increase.
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