I would also note we have been highlighting through our Office of Insurance Regulation the approvals for rate reductions for auto and homeowners insurance. And this is something that's really significant. So last month they were able to announce The first ever reduction for citizens property insurance in recent memory [was announced last month]. I don't think anyone can remember a reduction. So you now have on average 8% statewide, it's 15% in southern Florida, in Miami Dade and Broward, somewhere in that range. (28:46–28:56)
CLAIM
Asserts that a reduction in citizens property insurance was announced for the first time in recent memory.
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