'Florida's Insurer Of Last Resort,' Citizens Seeks Double-Digit Rate IncreasesWith thousands of new policies, a week pouring into Citizens Property Insurance Corp., the state-backed insurer’s board on Wednesday approved seeking 11 percent across-the-board rate increases next year.
Citizens Property Insurance Board Approves Rate HikeCustomers of Citizens Property Insurance Corp. are getting a bigger rate hike than was initially proposed, due to a change in a state law that was partially blocked by a federal judge this week.
Citizens Insurance Expects To Top 500,000 PoliciesAfter years of a relatively stable number of policies, the state-backed Citizens Property Insurance Corp. expects to see an increase to more than 500,000 policies this year, according to a report President and CEO Barry Gilway is slated to present to the Citizens Board of Governors on Wednesday.
Citizens Insurance Reduces Rate HikeCitizens Property Insurance is scaling back a proposed rate hike after lawmakers and Gov. Ron DeSantis approved an overhaul that the state-backed insurer has long pursued.
Citizens Property Insurance Puts Rate Hikes On HoldCitizens Property Insurance, one of Florida's largest property insurers, is delaying a plan to raise its rates.
Matthew Claims Start Rolling In To Citizens Property InsuranceCitizens Property Insurance policyholders have filed more than 1,100 claims regarding Hurricane Matthew as of Monday and more claims are expected.
Citizens Property Proposes Rate Hike For Coastal CustomersMore than half of Citizens Property Insurance customers will face rate increases next year, under a proposal going before the insurer's Board of Governors.
Citizens To Shift More Than 45,000 PoliciesAnother 45,500 policies have been approved to move to the private insurance industry from the state-backed Citizens Property Insurance Corp.
Citizens Prop Moving Another Half Million Policies To Private InsurersMore than a half-million Citizens Property Insurance Corp. policies have been targeted for moving to private insurers this year.
Citizens To Shift Thousands Of Policies To Private MarketCitizens Property Insurance Corp. has been given state permission to shift nearly 80,000 policies to the private market.
State Regulators Approve Rate Drop For Citizens 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 Customers To Face Change As Policies RenewCitizens 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.
Insurer To Takes Thousands Of Citizens' Policies 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.
Citizens' Policy Count Drops Below 1 Million For the first time since 2006, Citizens Property Insurance Corporation’s policy count dropped below 1 million.
Citizens Prepares To Move 400,000 Policies To Private InsurersRoughly 400,000 Citizens insurance policyholders may find themselves with a new property insurance company by the end of November.