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Florida Gov. Crist Signs Citizens Insurance Rate Hike Bill Into Law

Florida Gov. Charlie Crist has signed legislation that will increase property insurance rates by 10 percent annually on more than one million customers of the state-backed Citizens Property Insurance Corp. and gradually reduce the exposure of the state’s hurricane insurance fund. Crist signed the bill (HB 1495) yesterday along with 30 other bills without any…

Klein Calls For Hearings On Massive Insurance Rate Hikes

State Senator Ron Klein (D-Boca Raton) today asked Senate President Tom Lee and Attorney General Charlie Crist for investigations and hearings into the recent massive rate hikes proposed by major insurance companies in Florida.