Fla. lawmakers draft changes for Citizens Property Insurance

02/7/2013 | Tampa Bay Times (St. Petersburg, Fla.)

Florida lawmakers have released a draft bill for an overhaul of state-backed Citizens Property Insurance. Proponents say the proposal, which would mandate that premium prices "reflect the risks covered," is aimed at guiding people into lower-priced private insurance providers. Others say the state-backed insurer has already raised premiums and reduced coverage significantly, and that homeowners would be hurt further by the proposal.

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Tampa Bay Times (St. Petersburg, Fla.)

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