Sen. Mike Fasano, R-New Port Richey, listens to public testimony during a committee meeting. Photo Credit: Ana Goni-Lessan 14-4-11
The board of Citizens Property Insurance Corp. will not move ahead with a proposal to implement rate increases for new policies above the 10 percent cap placed on rates by legislators. Board members voted Thursday to study a plan to exceed the cap without legislative approval.
This brief has been archived. The entire brief is available exclusively to LobbyTools subscribers.
Already a subscriber? Login, or call 850-915-0100 ext. 1 for customer support.