A committee chairman blasted regulators and Citizens Monday for what he called a brazen failure to comply with a law requiring the state-run insurer to offer a lower-coverage policy in 2013 — one that costs up to 23 percent less.
There’s nothing in the law that lets the state impose severe restrictions on what’s known as an HO-8 policy, said state Rep. Mike Fasano, R-New Port Richey — such as cutting out homes less than half a century old.
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