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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 12-22
  • Reform Citizens insurance? Once more, with feeling

    Reform Citizens insurance? Once more, with feeling
    You are underwriting insurance for 500 beachfront mansions worth a combined $2.6 billion. If a big hurricane hits Florida and blows them down, you will be taxed to put them back together. This is because the owners buy insurance from state-owned...
  • What do port security, the Patriot Act and partisanship have in common?

     What do port security, the Patriot Act and partisanship have in common?
    In this edition of the Friday Files, we're looking at everything from political lies to a contest for Florida's most unpopular politician. But first, I have a game for you to play: This year, while no one was looking, President Barack Obama made...
  • 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...
  • ‘Big insurance giveaways’ decried as bill clears another committee

     
    By Julie Patel, Staff Writer Two legislators and a group representing attorneys who represent policyholders slammed bills today that would allow hefty rate hikes for insurers and allow insurers to drop full sinkhole coverage. They're “some of the...
  • Sinkholes are sinking insurance

     
    I just got this mind-numbing number on sinkhole losses. The state-owned Citizens Property Insurance has paid out a whopping $867 million because of sinkhole claims between 2004 and 2010. To cover those losses, Citizens collected $272 million in sinkhole...
  • Citizens Property Insurance: Get your hands off my gubberment insurance!

     
    A Republican state senator is making a last deserate attempt to make sure peoplein Orlando continue subsidizing property insurance on the coast. This comes from Sen. Mike Fasano, who happens to be from New Port Richey. When last I wrote about Citizens,...
  • Rick Scott’s secret plan to blow up Citizens Property Insurance

     
    By Paige St. John, Sarasota Herald-Tribune Gov. Rick Scott has secretly pushed to kill Citizens Property Insurance before his first term ends, a goal that alarmed even representatives of private insurance companies seeking to remove Citizens as a...
  • Curse you, St. Pete Times!

     
    If you are going to make a fact error and have to write a correction, it might as well be a good one. With that said, the story in the St. Petersburg Timesseemed too good to be true. I havelong ranted against the state-run Citizens Property Insurance,...
  • Senate sinks into sinkhole squabble

     
    TALLAHASSEE – Two opposing worldviews of Florida’s insurance marketare clashing as the Senate debates a broad insurance de-regulatory bill that the industry has been pushing. In the new pro-industry, post-Charlie Cristchamber, senators...
  • Today in Tallahassee: Private prison companies, jobs, sewage, budgets

     
    TALLAHASSEE — Florida lawmakers plan to keep discussing prisons, jobs, the courts, drugs and budgets today. The House Economic Affairs Committee leads things off at 8:30 a.m. with a dozen bills on the agenda, including an onsite sewage treatment...