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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
  • La Citizens Property Insurance Corp. Will Probably Seek Another Rate Hike For 2010

    La Citizens Property Insurance Corp. Will Probably Seek Another Rate Hike For 2010
    Louisiana's state-backed homeowners insurance company will probably seek another rate hike for next year, roughly a 10 percent statewide average increase, on top of this year's 7 percent increase, the firm's chief executive said Wednesday. The...
  • La. Citizens Board Delays Assessment Decision

    La. Citizens Board Delays Assessment Decision
    The governing board of Louisiana's state-backed property insurance firm has postponed a decision on whether to change the fee paid by policyholders to pay off debt incurred because of claims from Hurricane Katrina. All property insurance policyholders in...
  • We can't afford another Charley, thanks to Charlie

    Hurricane Charley hit in 2004. Governor Charlie hit in 2007. Between them, Charley and Charlie have redefined the property-insurance market in Florida. Hurricane Charley showed us that no place in Florida was safe from mega-storms. And then Charley...
  • La. Citizens board lowers assessment fee

    La. Citizens board lowers assessment fee
    BATON ROUGE, La. (AP) - The governing board of Louisiana's state-backed property insurance firm on Thursday approved a reduction in a fee imposed on policyholders, money that goes to pay off debt incurred because of Hurricane Katrina claims. All property...
  • 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...
  • Citizens $6M Agreement Negates Need For $95M Bond

    Citizens $6M Agreement Negates Need For $95M Bond
    A $6 million agreement with plaintiffs' lawyers has eliminated the need for Louisiana's "insurer of last resort" to post a $95 million bond as it appeals a class action lawsuit. Insurance Commissioner Jim Donelon said Louisiana Citizens Property...
  • Judge Refuses To Dismiss Theft, Fraud Charges Against Former Insurance Executive

    Judge Refuses To Dismiss Theft, Fraud Charges Against Former Insurance Executive
    A judge has rejected an attempt to have criminal charges dismissed in a case against the former chief executive of Louisiana's insurance company of last resort. Terry Lisotta, former CEO of Louisiana Citizens Property Insurance Corp., tried to get the...
  • Ex-La. Insurance CEO to be Arraigned

    BATON ROUGE - The former chief of Louisiana's state-backed insurance company had a court date set for Monday to enter a plea in the criminal case that accuses him of fraudulently spending the firm's money for personal travel and entertainment. Terry...
  • State economy improving, Gov. Crist tells Panhandle audience

    PENSACOLA, Fla. (AP) -- Gov. Charlie Crist told Panhandle residents on Tuesday that Florida's economy appears to be recovering. In a town hall-style meeting, Crist touted legislators' work on the state's $65 billion budget and their work to trim state...
  • Americas Insurance To Underwrite New La Policies

    Americas Insurance To Underwrite New La Policies
    Americas Insurance Co., which took on nearly 1,000 homeowner policies that had been covered by Louisiana's insurer of last resort, said it is entering the voluntary homeowners' market. The company said it expects to underwrite new policies in most...