Florida Citizens News
CEO of Florida’s Citizens Pushes Back on Lawmaker’s Solvency Questions
The CEO of Citizens Property Insurance Corp. has denied that corporation representatives have been unresponsive to Congressional requests for financial information, in the wake of unsettling comments ...
Florida Senator Tries Cat Fund Changes to Cut Cost of Property Insurance
Seeing no action on bills that would address Florida's spiraling property insurance problems head-on, one state senator took a different route Thursday and proposed reducing insurers' payments to the ...
Florida’s Citizens Seeks Maximum Rate Hike for Homeowners
The board of governors for Citizens Property Insurance Corp., Florida's state-backed insurer of last resort, wants the maximum allowed rate increased – 11 percent for next year and 12 percent for ...
Florida’s Citizens Pushes Policy Changes to Address Rising Water-Loss Claims
Citizens Property Insurance Corp.'s board of governors has approved a slate of recommendations aimed at reducing the impact of what it calls skyrocketing water-loss claims that could reverse progress ...
Florida Citizens Pushing for Policy Changes
Florida's largest property insurer wants to eliminate caps on rate hikes and limit what homeowners can do if they have water damage. The state-created Citizens Property Insurance Corp. is pushing for ...
Florida Citizens to Ask for Rate Hikes in 2016
Florida has dodged hurricanes for the last decade, but the state's largest property insurer says it needs to keep hiking the rates paid by those customers who live along the coast and in heavily ...
Florida Insurance Still Pricey Despite Storm-Free Seasons
Living in a (semi)-tropical paradise has a price—and apparently, not even going nine years without a major hurricane strike will change that. While Florida's property insurance market has ...
HCI Group Subsidiary Assumes 36,000 Policies From Citizens
Homeowners Choice Property & Casualty Insurance Co. Inc., a wholly owned subsidiary of HCI Group Inc., has assumed approximately 36,000 homeowners policies from Florida's Citizens Property ...