rate hikes News

Citizens Urged Regulators to Back More Rate Hike

Florida’s largest property insurer went before state regulators Tuesday in an effort to win approval of another round of rate hikes. Citizens Property Insurance Corp., which covers many homeowners who live in the state’s more vulnerable coastal regions, is asking …

FEMA Warns of Big Rate Hikes for Federal Flood Insurance Buyers

The head of the Federal Emergency Management Agency says people who buy federal flood insurance need to plan for big rate hikes. Craig Fugate says some people now paying hundreds of dollars a year could wind up paying thousands because …