Citizens seeks approval for substantial homeowners insurance rate increases in 2022-23 With thousands of new policies a week pouring into Citizens Property Insurance Corp., the state-backed insurer’s board approved seeking 11% across-the-board rate increases next year. The Citizens Board of Governors tossed aside a staff recommendation that, in part, called for increasing homeowners’ rates by an average of 7.3% in 2022, with the hikes varying based on factors such as location