Boy, what rabbit hole this one is.
I looked at the FAR web site and could not find the article I mentioned but I did find this one…
So I went to my FB page as I posted it there and FAR has removed the article that talked about that the burocrats had asked for a 3.7% rate increase but that the Board basically directed them to figure out a way to get that rate up.
FAR removed that article. CRAZY!
But I did find what I mentioned.
“Citizens staff members initially proposed an average 3.7 percent increase in residential rates, but the board last month requested that staff work with regulators on potential ways to boost the rates.”
“That led to changes in the proposal to bump up the proposed average increase to 7.2 percent. As an example, the revised proposal would lead to Citizens setting aside additional premium dollars to avoid the possibility of what are known as