Florida H0275 amends rates for Citizens Property Insurance Corporation coverage, exempting new policies from rate increase limits.

Florida H0275 modifies rates for Citizens Property Insurance Corporation coverage. It exempts new policies issued on or after June 1, 2026, and their renewals from the limitations on annual rate increases. The bill also specifies that the corporation must file recommended actuarially sound rates annually and consider the public hurricane loss-projection model when establishing rates. The corporation is prohibited from pursuing administrative or judicial review of the office's final order on rates.

Florida H0275 amends rates for Citizens Property Insurance Corporation coverage, exempting new policies from rate increase limits.

Florida H0275 modifies rates for Citizens Property Insurance Corporation coverage. It exempts new policies issued on or after June 1, 2026, and their renewals from the limitations on annual rate increases. The bill also specifies that the corporation must file recommended actuarially sound rates annually and consider the public hurricane loss-projection model when establishing rates. The corporation is prohibited from pursuing administrative or judicial review of the office's final order on rates.