Florida Citizens officials are concerned that recently approved rate cuts may make the state-run insurer more competitive with private insurers, conflicting with goals of moving as many customers as possible out of the state's insurer of last resort.
Florida Citizens officials are concerned that recently approved rate cuts may make the state-run insurer more competitive with private insurers, conflicting with goals of moving as many customers as possible out of the state's insurer of last resort.
Allowing scheduled National Flood Insurance Program rate increases to move forward would be a critical first step toward attracting private insurers to the flood-insurance market, says the Government Accountability Office.
Allowing scheduled National Flood Insurance Program rate increases to move forward would be a critical first step toward attracting private insurers to the flood-insurance market, says the Government Accountability Office.