NU Online News Service, Oct. 12, 3:24 p.m. EDT

Several weeks after it was approved to raise homeowners rates, Florida’s last resort insurer has been given the go-ahead for rate increases for condominium associations, commercial buildings and rental properties.

The highest increase granted to the state-run Citizens Property Insurance Corp. was 11.3 percent for high-risk condominium associations with no wind coverage. Associations with wind-only policies will see an 11 percent hike.

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