Citizens, Florida and Insurance Regulation

Insurance regulators slash Citizens’ requested rate hikes for 2025
Insurance regulators spent more than seven months considering the 14% average rate hike proposed for homeowners covered by state-owned Citizens Property Insurance Corp. and ultimately voted thumbs down.
Florida insurance regulators scale down Citizens Insurance rate hike request
Florida's Office of Insurance Regulation has formally filed an order turning back a 14% rate hike request by Citizens Insurance.
Florida regulators approve new rates for Citizens with changes taking effect June 1
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.
'It's complicated': Can homeowners return to Citizens Insurance amid a possible rate decrease?
Gov. Ron DeSantis announced more than 20% of Citizens property insurance policyholders would see a statewide average premium decrease of about 5.6%.
Florida's Citizens Insurance to cut rates by 5.6% in 2025
Florida’s Citizens Property Insurance Corp. will reduce rates by an average of 5.6% statewide in 2025, according to Gov. Ron DeSantis. The governor said the state had the lowest average increase in homeowners insurance rates nationwide over the past year.
Gov. DeSantis announces rate cuts for many South Florida Citizens Insurance customers
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.
Citizens Insurance rates to decrease in South Florida, DeSantis reveals
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
Citizens Property Insurance reduces rates for some South Florida policyholders
Premiums should be cheaper for about three-quarters of policy holders in Miami-Dade, and half of policy holders in Broward. AI stocks have been selling off following some jarring news out of China. The hospital was named Erie Osteopathic Hospital when it opened in 1950 on West Sixth Street.
Florida trims potential rate hikes for Citizens insurance holders
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.
DeSantis takes a victory lap as Citizens' proposed 14% increase abruptly reversed
The news about Citizens, which offers coverage to Floridians unable to get policies from insurance firms, follows years of ...
Newer, riskier startups are reshaping Florida's insurance market
Fast-growing startups are dramatically reshaping Florida's insurance landscape and introducing new risks to market stability.
Insurance Insider55m
Florida auto, homeowners’ markets seeing relief post-reform: DeSantis
Florida now has 7.58 million active insurance policies, marking an increase of over 130,000 in the past year. The overall market has stabilized with 11 new companies having entered over the past two ...
Most Citizens homeowners in Miami-Dade, Broward will see premiums drop
TALLAHASSEE — Most Miami-Dade and Broward county homeowners with state-run Citizens Property Insurance will see their ...
Florida's Largest Insurer to Drop Premiums for Thousands: What to Know
Governor Ron DeSantis said most homeowners in Miami-Dade and Broward Counties will see their premiums with Citizens drop in 2025.