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Preview of Citizens sinkhole insurance rate hike hearing at Tampa Convention Center listen

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Tags: sinkholes, Citizens Property Insurance, rate increase, Citizens, insurance, Mike Fasano

Many homeowners in the Tampa Bay region could face steep rate hikes on sinkhole insurance premiums. This afternoon there is a hearing at the Tampa Convention Center on proposed rate increases by state’s government-backed insurance program. State legislators held a press conference to voice opposition to the hikes this morning.

Citizen’s Property insurance has reacted to a higher number of sinkhole claims by ...