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Signs of the Florida market healing

More good news for Florida!

According to the release, rate filings for 2024 show a slight trend downward for the first time in years, with 10 companies filing for a zero-percent increase and "at least" eight companies filing a rate decrease to take effect in 2024.

It comes as Security First announced Friday, for the first time in nearly a decade, they are reducing rates by 5.9% for about 80-90,000 policyholders.