June 23, 2014

5 stories to know in Florida

Florida’s largest property insurer may be dropping its rates next year. Citizens Property Insurance is considering rate proposals for 2015 that would lower rates by about 3.2 percent for most homeowners. The state-created insurer says the proposal would apply to nearly 70 percent of those with homeowner policies. The Citizens board will vote Wednesday on the proposal. State regulators must approve the plan as well.

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