Florida Governor Ron DeSantis To Approve Package That Could Raise Property Insurance RatesGov. Ron DeSantis said Wednesday he will sign a property insurance package that could lead to larger rate increases for customers of the state-backed Citizens Property Insurance Corp. while seeking to curb roof-damage claims and lawsuits.
Florida Regulators Looking Into Citizens Rate Hike ProposalOn Monday, state regulators took a deeper look into Citizens Property Insurance Corp. proposal to raise rates. The state-backed insurer has said its policy counts, and financial risks, are increasing because of problems in the private insurance market.
Florida Property Insurers Seek Large Rate HikesPointing to claims for water damage, two property-insurance companies Friday asked state regulators to approve average rate increases topping 26 percent.
State Freezes Insurance Rates After Michael Gov. Rick Scott has directed the state’s top insurance regulator to freeze any potential property-insurance rate increases for 90 days as homeowners and businesspeople grapple with massive damage from Hurricane Michael.
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.
Hearing Set On Citizens Prop. Insurance Rate HikeState regulators will hold a public hearing next week in South Florida about proposed rate increases by the state-backed Citizens Property Insurance.
Justices Say Insurer Required To Foot Legal FeesThe Florida Supreme Court rules a property insurer must pay the attorneys' fees of a homeowner in sinkhole case.
Citizens Pushing For Change To Fight Water Damage ClaimsIn an effort to combat lawsuits tied to water damage claims, state created Citizens Property Insurance is pushing for changes.
State Approves Citizens Property Insur. Rate HikeSouth Florida homeowners covered by Citizens Property Insurance can expect to see a hike in their 2016 bills.
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 Insurance Given Okay To End Surcharge EarlyThe Florida Office of Insurance Regulation has formally approved an early end to a surcharge Citizens Property Insurance Corp. customers have been paying because of damages from the last of the 2005 hurricanes.
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 Property Insurance Braced For Hurricane Season Citizens Property Insurance enters the 2014 hurricane season believing its finances are on solid ground.
Obama Set To Sign Law Reversing Flood Insurance HikesHomeowners in flood-prone neighborhoods across the country will see relief from big insurance increases when President Barack Obama signs a bipartisan bill Friday.