Tag: rate increases

Jenna Buzzacco-FoersterSeptember 29, 2016
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4min478
CFO Jeff Atwater hammered home the need for workers’ compensation reform, saying recent decisions could have a significant impact on Floridians. State regulators on Tuesday approved a 14.5 percent average increase in workers’ compensation insurance premiums. The new rates are lower than ones initially proposed by National Council on Compensation Insurance. The council proposed new […]

Associated PressDecember 10, 2015
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1min175
Florida’s largest property insurer is discussing whether to eliminate caps on rate increases and limit what homeowners can do if they have water damage. The state-created Citizens Property Insurance is debating changes in order to combat lawsuits tied to water damage claims. Citizens Property Insurance President Barry Gilway said Wednesday that a rise in lawsuits […]


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