Citizens Ins.: Steep Rate Hikes Would Discourage New Customers

Written by Clearwater Mortgage Syndicated User on December 17, 2020. Posted in Clearwater FL Mortgage.

The Fla.-owned “insurer of last resort” met Wed., with the board saying it intended to aggressively get smaller. Chairman Carlos Beruff called current rates artificially low; CEO Barry Gilway said new policies are cheaper than 91% of policies in the private market. #floridacondotels #floridacondotelmortgage #floridacondotelfinancing