
American Integrity Insurance has announced a substantial rate cut, attributing the decision to groundbreaking reforms in Florida. The proposed reduction is 6.9%, which comes amid ongoing property insurance troubles for many Floridians. Additionally, Duke Energy has significantly reduced its requested rate hike for Florida customers by hundreds of millions through a milestone settlement agreement with energy consumer advocates. The company has pledged to stop electricity shutoffs when temperatures reach at least 95 degrees, aiming to alleviate the financial burden on nearly 2 million Floridians.
Amid property insurance troubles for many Floridians, another insurer announces rate cut https://t.co/NDx3wNdRTt
NEW: Duke Energy more than halved the increase it's seeking to customers’ base rates under a milestone settlement agreement with energy consumer advocates, dramatically reducing the proposed hikes to the electricity bills of nearly 2 million Floridians. https://t.co/PsYXMTtosC
Duke Energy cuts its #Florida rate hike request by hundreds of millions, also pledges to stop electricity shutoffs when temps rise to at least 95 degrees. https://t.co/RjLnDcBTa7 via @mahoneysthename




