- ABC Action News Anchor Nadeen Yanes sat down with American Integrity's CEO Bob Ritchie.
- The company has filed a 6.9% decrease in premiums—the largest rate decrease filed by an insurance company this year. This will impact about 55,000 customers, and 215,000 of the company's policyholders will not experience a rate increase this year.
- An American Integrity customer said in an email after the interview that they've seen high increases in years past.
- Ritchie tells homeowners to be patient and that more decreases are on the way.
American Integrity CEO answers questions about rate decreases
“You know, it might just be time we take a look if HOAs are really even necessary.
Maybe we should just do away with homeowner associations as a whole.”
South Florida lawmaker Rep. Juan Carlos Porras (R-Miami) says it may be time to do away with homeowners associations altogether, as more Floridians speak out about rising fees, costly lawsuits, and even arrests tied to HOA disputes. He said this week that he is considering filing legislation in the next session that would abolish HOAs statewide.
Lawmaker looks to ban HOAs
