Property Insurance

A neighborhood destroyed by Hurricane Sandy (Photo by Spencer Platt/Getty Images)

Sandy’s Aftermath Will Affect Us All

As residents of New York and New Jersey struggle to recover from Hurricane Sandy’s deadly trip through the Northeast, it may be a while before the total dollar loss is known.

11/01/2012

MoneyGeneric

Advocate Wants Investigation Into “Unfair” Insurance Practice

Calling it an unfair trade practice, state insurance consumer advocate Robin Smith Westcott wants an investigation to the practice of insurance companies canceling homeowner’s policies or denying claims based on their credit information.

CBS4–10/31/2012

(Photo by Darren McCollester/Getty Images)

Sandy Could Cost Insurers & Gov’t. $20 Billion

As residents in the northeast U.S. begin to assess the damage left by Hurricane Sandy, early estimates are putting the costs at upwards of $20 billion.

CBS Miami–10/30/2012

Citizens Property Insurance

Citizens’ Targets 200,000 Policies In “Opt Out” Campaign

Thousand of South Florida homeowners insured by the state-run Citizens’ Property Insurance have gotten a letter from them recently that said they’re coverage had been chosen to be transferred to a private company if they fail to send in a form on time giving them the choice of opting out of the transfer and keeping their existing coverage.

CBS4–10/15/2012

Citizens Property Insurance

Citizens’ Insurance Looking To “De-Populate” Roles

Thousand of South Florida homeowners insured by the state-run Citizens’ Property Insurance have gotten a letter from them recently that said they’ve been dropped because they didn’t send in a form or time or encouraging them to go with insurance company that they’ve never heard of.

10/14/2012

Citizens Property Insurance

Fla. Approves Removal Of 60,000 Additional Citizens Policies

Be prepared to get new property insurance if you currently have Citizens Property Insurance.

CBS4–09/25/2012

Citizens Insurance

Fla. Approves Removal Of 150,000 Citizens Policies

If you have Citizens Property Insurance, you might be getting a new insurer in the near future.

CBS4–09/07/2012

Citizens Property Insurance

Citizens To Consider $300 Million Loan Program

itizens Property Insurance Corp would offer $300 million in loans to encourage private companies to take policies out of the state-backed insurer under a plan unveiled Thursday that backers say could reduce Citizens’ non-coastal ranks by a third.

CBS4–09/07/2012

Damage from Hurricane Andrew in August 1992. (Source: CBS4)

Hurricane Andrew’s Costly Insurance Legacy

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.

08/24/2012

Citizens Property Insurance

New Citizens CEO Says Higher Rates Needed

The new head of Citizens Property Insurance Corp. made his debut before the governor and Cabinet on Tuesday, saying the state-backed insurer needs to raise rates but conceded that the issue is a political hornet’s nest.

CBS4–06/27/2012

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