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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 23-33
  • Citizens' plan to shrink could lower its risk by $190b

    Citizens' plan to shrink could lower its risk by $190b
    Citizens Property Insurance could get a green light today to implement changes that would lead to fewer policies, higher premiums and less financial risk for all Floridians. The Florida Cabinet will weigh 31 ways to shrink the state-backed insurer. Many...
  • Less regulated insurers a step closer to taking over Citizens policies

    Less regulated insurers a step closer to taking over Citizens policies
    Legislation allowing less regulated insurers to take over Citizens Property Insurance policies has now cleared both the House and Senate's insurance committees. Senators approved a bill, SB 578, by a 7 to 3 vote Wednesday because they're hoping the...
  • Citizens insurance to vote on downsizing policies, increasing parts of budget

    Citizens insurance to vote on downsizing policies, increasing parts of budget
    Citizens Property Insurance’s board will consider approving a plan Wednesday to shrink and reduce its financial risk to Floridians. All automobile and property insurance policyholders in the state would be charged fees if a major hurricane...
  • Citizens insurance to check if rebuilding costs are inflating premiums

    Citizens insurance to check if rebuilding costs are inflating premiums
    Citizens Property Insurance announced today that it's launching a review of software it uses to calculate rebuilding costs in light of complaints that the estimates are too high and triggering huge premium increases for some policyholders. Citizens...
  • Thousands of South Floridians lose insurance discounts after Citizens' inspections

    Citizens Property Insurance recently sent an inspector to verify that Sandy Teich was entitled to the discounts she had obtained for protecting her Coconut Creek home against hurricanes. To her surprise, an inspector from the same company she hired a few...
  • FSU report: Citizens insurance should raise rates and reduce coverage

    FSU report: Citizens insurance should raise rates and reduce coverage
    Citizens Property Insurance should raise rates by more than the 10 percent allowed under state law and it should reduce coverage, according to a recent report from Florida State University's storm risk management center. The report comes weeks before the...
  • Citizens insurance approves 50% sinkhole rate hike cap

    Citizens insurance approves 50% sinkhole rate hike cap
    Citizens Property Insurance board members on Monday approved capping its proposed 429 percent rate hike for the...
  • Regulators to weigh Citizens insurance rate hike

    Regulators to weigh Citizens insurance rate hike
    Citizens Property Insurance officials will field questions today from state regulators on its request for a 25 percent...
  • Sinkhole Alley folks apoplectic at Citizens' rate hikes; what did they expect?

    Sinkhole Alley folks apoplectic at Citizens' rate hikes; what did they expect?
    Tell those danged politicians to take their hands off our gubberment property insurance! That's the hue and cry coming from Sinkhole Alley, where homeowners are getting a firsthand taste of Florida's free-market insurance reforms. They stormed a...
  • Constitutionality of home insurance laws questioned

    Constitutionality of home insurance laws questioned
    A local public insurance adjuster and the president of a home inspectors group allege that parts of property insurance laws passed this year and last hurt their industries and are unconstitutional. Public adjuster restrictions In a lawsuit filed this...
  • Insurance discounts granted and revoked by same inspection firm

    Insurance discounts granted and revoked by same inspection firm
    It appears Coconut Creek resident Sandy Teich wasn't the only one who hired an inspection firm that said her home upgrades qualified for insurance discounts only to have the very same firm do another inspection at the insurer's expense and take the...