Florida House rejects proposal to freeze Citizens rates
This afternoon the Florida House debated a bill sponsored by Apopka Representative Bryan Nelson that would allow Citizens Insurance to start raising its rates by as much as 20 percent on individual policies, once the current freeze expires.
But an amendment that would freeze Citizens insurance rates for another 3 years went down to defeat.
Citizens says without extending their freeze or passing a legislative fix this session, rates for its policyholders could climb 70 percent or higher starting next year.
But Miami Republican Julio Robaina asked on the floor today what would happens for those who couldn't afford insurance through Citizens.
Representative Allen Hays also supports allowing Citizens rates to increase.
Fort Lauderdale Democrat Evan Jenne introduced an amendment that would freeze Citizens current rates for another 3 years.
But that proposal received the wrath of several legislators, like Allen Hays.
Lake Worth Democrat Mary Brandenberg supported Jenneâs motion. Jenne said that her constituents are hurting right now, and theyâre not that concerned about the so called CAT Fund, the fund that legislators said will not be able to help out if the state has a major hurricane this summer.
Representativeâs amendment to freeze Citizens rate died when it came up for a vote.comments powered by Disqus