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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 111-121
  • 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...
  • Former Head Of La's Property Insurance Going To Trial Today

    Former Head Of La's Property Insurance Going To Trial Today
    The former head of Louisiana's property insurer of last resort faces trial Monday on 14 counts of theft by fraud. Terry Lisotta is accused of misusing about $30,000 from Louisiana Citizens Property Insurance Corp. and two related insurance organizations....
  • Former Citizen's Insurance Executive Terry Lisotta Pleads Guilty To Theft By Fraud

    Former Citizen's Insurance Executive Terry Lisotta Pleads Guilty To Theft By Fraud
    Terry Lisotta, the former head of Louisiana's property insurer of last resort has pleaded guilty to one count of theft by fraud. Lisotta entered his plea Monday morning in Baton Rouge, where he had been scheduled for trial. Sentencing was set for April...
  • Florida insurers’ fees to affiliates questioned

    Florida insurers’ fees to affiliates questioned
    Florida property insurers are pressing state legislators to allow them to raise rates without regulator approval, citing losses in recent years. But consumer advocates and regulators question the legitimacy of the losses after four hurricane-free years in...
  • 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,...
  • Citizens Rate Increase Will Be Less Than Expected

    Citizens Rate Increase Will Be Less Than Expected
    The chief executive officer of the state's insurer of last resort says a projected 10 percent increase in rates for clients of the Louisiana Citizens Property Insurance Corp. will "probably be less than that." John Wortman said on Wednesday the average...
  • 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...
  • FEMA, insurance payouts in Miami-Dade face state review

    Florida's auditor general agreed Tuesday to legislators' demands that the state scrutinize the legitimacy of insurance and federal disaster aid payments in Miami-Dade County and possibly other parts of the state. The review, which is expected to be...
  • Analysts say losses may rise to multibillion-dollar level

    Less than 24 hours after Hurricane Jeanne hit Florida, insurance companies already were predicting losses in the billions of dollars from the state's fourth major storm this season. The first three hurricanes -- Charley, Frances and Ivan -- caused as...
  • State prevents insurers from dropping customers

    Florida's insurance regulators barred insurers Thursday from canceling policies held by residents of the 12 counties hit by Hurricane Charley. Citing the disruption of mail service and the inability of many residents to stay in their homes, Kevin...