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Citizens Property Insurance Corp.

A collection of news and information related to Citizens Property Insurance Corp. published by this site and its partners.

Top Citizens Property Insurance Corp. Articles

Displaying items 100-110
  • Potential Catastrophic Event Looming On Horizon Regarding Citizens Insurance

    Potential Catastrophic Event Looming On Horizon Regarding Citizens Insurance
    Louisiana's state-backed insurance company is facing an expensive legal bill that could get passed on to homeowners. Louisiana Citizens Property Insurance Corp. has until Monday to post a $95 million bond after losing a class-action lawsuit that said the...
  • Louisiana Citizens Faces $95 Million Bill

    Louisiana Citizens Faces $95 Million Bill
    State Insurance Commissioner Jim Donelon has called a news conference to discuss a very large legal bill. Louisiana's state-backed insurance company has until Monday to post a $95 million bond after losing a class-action lawsuit that said the company...
  • Prepare to pay more for Florida home insurance

    Prepare to pay more for Florida home insurance
    Seven major Florida property insurers are asking to increase home insurance rates - from 8 percent to 15 percent - within the next year despite several years without serious storms. The insurers, who are among the top 25 largest home insurers in Florida,...
  • Home insurers revoking discounts for hurricane-proofing

    Home insurers revoking discounts for hurricane-proofing
    Many Florida homeowners shelled out hundreds or thousands of dollars to fortify their homes against hurricanes in recent years to qualify for insurance discounts. Some got them — for a while. This year, some homeowners are feeling the impact of...
  • Citizens insurance rethinks no-bid "emergency" contracts

    Citizens Property Insurance plans to ask its board of governors to change a process that allows the company to approve contracts in emergency situations without competitive bidding. Chief Financial Officer Alex Sink said Thursday that the move is one...
  • Construction slowdown seemed to have little impact on property insurance premiums

    The cost of rebuilding homes in Florida dropped about 5 percent from 2009 to the first half of 2010, but you'd never know it from your property insurance bill. State law says premiums must be fair and reasonable, but it doesn't require them to be...
  • Citizens Property Insurance to weigh office space bids for fourth time

    For the fourth time in about two years, Citizens Property Insurance is preparing to review bids for new office space. Critics say the problems with the office space bids are just one more example of how the state-run insurance company mishandles...
  • Property managers make money off condos' insurance

    Property managers make money off condos' insurance
    Your property management company may be making money off your condo association's insurance policy. Some say that's a conflict of interest because management companies also help associations pick their insurance. "Referrals should be based on good...
  • Citizens plans to rebid home inspection pact

    Citizens Property Insurance Corp. backtracked Monday on a no-bid contract it approved late last year and said it will rebid parts of the pact. Officials from state-backed Citizens told board members that they will allow Inspection Depot in Jacksonville...
  • State Farm stays in Florida, but we all could pay more

    State Farm won't pull out of Florida after all. But homeowners shouldn't rejoice just yet. The insurance giant will raise residential-property premiums by 14.8 percent. Florida Insurance Commissioner Kevin McCarty said Wednesday that an agreement...
  • Bills would allow property insurers to raise rates in Florida

    Bills would allow property insurers to raise rates in Florida
    Edsel Hulse, a veteran who lives in Hollywood, said he's expecting his Citizens Property Insurance Corp. windstorm insurance policy premium to increase this year because state legislators in 2009 approved allowing the insurer to boost premiums by up to 10...