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Florida property reinsurance rates expected to jump 40% to 50% in June

Written by: Sam Sachs with

TAMPA, Fla. (WFLA) — The Sunshine State, home to more than 22 million people, has an affordability problem when it comes to housing—not just for buying a home or finding a place to rent. Protecting your home can also be expensive.

John Rollins, a former chief financial officer and chief risk officer for several Florida property insurers, as well as a former Chief Risk Officer at Citizens Property Insurance spoke with about the state’s ongoing property insurance issues. He served on the Citizens board from 2011 to 2013, appointed by former Gov. Rick Scott.

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