Citizens Insurance bashes "hyperventilating" media over coverage of 'uncapped rate' plan

“Explosive,” “inaccurate,” “exaggerated” and “hyperventilating” were some of the invectives hurled at the media by board members of Citizens Property Insurance on Thursday.

The collective media-bashing took place during a committee meeting Thursday when Citizens discussed a plan to remove a 10-percent cap on rate increases for new customers, potentially costing homeowners thousands of dollars.

As Citizens presses forward with an ambitious, unprecedented plan to enact a flurry of policy changes that will affect hundreds of thousands of Floridians, it’s not happy with the type of media attention that plan has garnered.