Citizens Property Insurance
Citizens’ Insurance customers in South Florida have a chance to have their voices heard about a proposal to raise rates.
Adjusters with Citizens Property Insurance are gearing up to start damage assessing damage as soon as the proverbial coast is clear.
Hurricane Andrew was a nightmare for anyone who went through it. It was a life-changing event that’s not easily forgotten as we mark the 20th anniversary of the day it roared ashore.
Homeowners whose policies are underwritten by Citizens Property Insurance finally have some good news.
Citizens Property Insurance Corp. policyholders could see premium increases averaging at least 8.8 percent beginning in January following a governing board vote Friday that officials say would not significantly reduce the number of policyholders in the state-backed plan.
State-backed Citizens Property Insurance Corp. met with the insurer’s governing board Monday looking to finalize rate requests for next year.
Florida legislators created Citizens Insurance a decade ago to take on homes other insurance companies wouldn’t touch. They became the largest insurer of homes in Florida and now the company is trying to change that.
Citizens Property Insurance Company continued down the path of raising rates for new policies Thursday during a conference call with the Actuarial and Underwriting committee.
When Governor Rick Scott rode the tea party wave into the governor’s house, he made no secret that one of his main targets to slowly get rid of was Citizens Insurance. The insurance company, owned by the state, will accelerate the process in the next few months.
Florida has dodged a bullet for the six years without a hurricane hitting the state. Now insurance industry experts have urged state lawmakers to beef up the Florida Hurricane Catastrophe Fund before a major storm or series of them hits.