Citizens Property Insurance Corp.

Recently, the Board of Citizens Property Insurance approved a controversial deal allowing Heritage Insurnace to offer homeowners coverage to 60,000 Citizens policy holders. Whatever you think about the deal, the final judgment has likely yet to be...

Heritage Property and Casualty Insurance Co., a partner with Citizens Property Insurance Corp. in a controversial new takeout deal, was asked by an industry ratings firm Friday to make some "financial enhancements" in order to maintain its A-Exceptional...

Citizens Property Insurance Corp.'s controversial new takeout deal that will send as many as 60,000 policies and up to $52 million to Heritage Property and Casualty Co. has triggered a review of the St. Petersburg-based private company's financial rating....

It is a well-known fact that everyone likes to have choices and benefits from access to more and better options. In Florida, however, many insurance consumers don't know every choice available to them. This is because the structure of Florida's...

With hurricane season little more than a week old, Florida's property insurance industry is weathering storms on multiple fronts in the form of new legislative scrutiny, a class-action lawsuit settlement and questions about its financial stewardship....

TALLAHASSEE — Both sides of the Florida Legislature will spend time this fall reviewing a controversial deal approved by state-backed Citizens Property Insurance Corp. Senate President Don Gaetz, R-Niceville, said Thursday the Senate Banking and...

* As storm season starts, Florida worries about insurance * State-run firm covers 21 pct of residential insurance * Florida has not been hit by a major hurricane since 2005 By David Adams MIAMI, June 1 (Reuters) - Mother Nature has been kind to...

TALLAHASSEE -- Gov. Rick Scott Wednesday signed legislation that will attempt to overhaul Citizens' Property Insurance, the state's largest insurer. "This legislation will bring much needed reforms to better protect the taxpayers who support Citizens...

Despite a barrage of scrutiny questioning the $52 million agreement to shift some 60,000 policies from Citizens Property Insurance Corp. to a private company, the state-backed insurer's top executives are standing behind the deal announced last week....

TALLAHASSEE -- Gov. Rick Scott signed a total of 36 bills today. Among them are measures setting new standards for cyberbullying; banning the use of electronic funds transfer cards in adult entertainment or gambling facilities; and codifying an...

Gov. Rick Scott Wednesday signed into law sweeping changes to the state's largest property insurer that will try to shrink the company by moving more homeowners into the private market. "It's a hell of a victory. It's a step in the right direction, and...