Home and condo unit owners have reported spikes in property insurance costs. Subsidiaries of Allstate, the third largest private home insurer in Florida, will defend their proposed 33 percent and 18 percent rate hike requests at an Office of Insurance Regulation hearing today. And in the coming weeks, regulators will weigh rate hikes by Royal Palm Insurance, which is among the state’s top ten …
Continued here: Amid insurance rate hikes, some condo premiums fall