More than half of Citizens Property Insurance customers will face rate increases next year, under a proposal going before the insurer’s Board of Governors.
Another 45,500 policies have been approved to move to the private insurance industry from the state-backed Citizens Property Insurance Corp.
More than a half-million Citizens Property Insurance Corp. policies have been targeted for moving to private insurers this year.
Citizens Property Insurance Corp. has been given state permission to shift nearly 80,000 policies to the private market.
Certain customers of Florida’s largest property insurer will soon be paying a little less for their homeowners insurance but not all of them.
Citizens Property Insurance Corp. is starting to advise many homeowners with expiring policies that they have to go through an electronic clearinghouse intended to shift more policies into the private market.
Regulators have approved a plan by Southern Oak Insurance Co. to remove up to 10,000 residential policies from the state-backed Citizens Property Insurance Corp.
For the first time since 2006, Citizens Property Insurance Corporation’s policy count dropped below 1 million.
Roughly 400,000 Citizens insurance policyholders may find themselves with a new property insurance company by the end of November.
Hundreds of immigrants living in Florida will have another reason to celebrate the 4th of July by the end of the day.