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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 100-108
  • 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...
  • Citizens Property Insurance executive pay examined

    Citizens Property Insurance Corp. Executive Director Scott Wallace was one of Florida's top-paid government employees last year and 48 other Citizens employees earned more than $100,000, a Sun Sentinel analysis shows. Federal labor statistics indicate...
  • A second blow

    Although the hurricanes of 2004 and 2005 are but a fading memory, Citizens Property Insurance Corp. still has almost 2,000 unresolved homeowner damage claims in Florida. And in the past two years, the state-backed property insurer has logged 2,422...
  • Citizens Property Insurance won't cover some homes damaged by Chinese drywall

    Citizens Property Insurance won't cover some homes damaged by Chinese drywall
    The state's insurer of last resort says it will not provide coverage for homes with extensive damage caused by tainted drywall from China. Already, Citizens Property Insurance has dropped coverage on two homes that are vacant because of defective...
  • Florida's sinkhole shakedown: Insurers' new pitfall

    Florida's sinkhole shakedown: Insurers' new pitfall
    We can't catch a break. If the wind isn't howling from hurricanes, the ground must be collapsing from sinkholes. Hence, the latest insurance crisis in Florida, where homeowners, public adjusters and attorneys are clamoring for settlement checks for...
  • Scott goes after trial lawyers, Sink

     
    By John Kennedy, The News Service of Florida TALLAHASSEE — Shortly after he was elected, Gov. Charlie Crist set the tone for his term as chief executive by declaring, “lawyers are back,” signaling an end to his predecessor, Gov. Jeb Bush...
  • Super-sized rate increase would be needed to make rates at state-run insurance company truly sound

     
    Newly elected Gov. Rick Scott wants to raise rates at Citizens Property Insurance Corp. to make them “actuarially sound,” but doing so would require homeowners covered by the state-run insurer of last resort to absorb a whopping 55 percent rate i...
  • Some answers on damage claims

    The storm has passed, your insurance claim has been submitted and the adjuster has made a visit. After Hurricane Wilma, many South Florida Sun-Sentinel readers still had plenty of questions about the claims process. Here are answers to some of those...