| Dec 28, 2011
| 7:29 AM
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...
| Dec 29, 2011
| 8:07 AM
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...
| Dec 30, 2011
| 5:53 AM
Do you think your insurance company revoked legitimate discounts for strengthening your home against hurricanes? You have some recourse.
Obtain and keep copies of documents, including receipts and permits, describing home upgrades and inspections of your...
| Jan 7, 2012
| 2:02 PM
Some homeowners have had to beef up the amount of property insurance they buy to cover what they say are inflated cost estimates to rebuild their homes.
It's a double whammy for homeowners because for many, rebuilding costs didn't go down when the...
| Nov 30, 2011
| 9:30 AM
A Citizens Property Insurance panel approved 30 recommendations Wednesday to help the state-backed insurer downsize and lower its financial risk to Floridians.
The changes will be discussed at a Cabinet meeting on Tuesday. Many would reduce Citizens&...
| Sep 19, 2011
| 7:50 PM
Homeowners insurance rates for Citizens Property Insurance policyholders will rise by a 6 percent statewide average next year, regulators said Monday night.
The average increase approved for many parts of South Florida next year is nearly 10 percent,...
| Oct 11, 2011
| 9:00 PM
Florida insurance industry representatives know state lawmakers may not end up spending as much time on insurance issues during the legislative session that starts in January as they have in years past.
But some have a wish-list of changes they said...
| Oct 14, 2011
| 9:37 AM
Citizens Property Insurance, the state’s largest home insurer, has more customers than ever — only this time, it’s not because the state has just been hit by hurricanes.
The state-run insurer has 1.46 million policies, higher than...
| Oct 21, 2011
| 7:13 AM
Legislators looking for ways to shrink state-backed Citizens Property Insurance introduced bills this week to allow unregulated insurers to take over the insurer's policies.
Surplus lines insurers and their customers are exempt from fees other...
| Nov 3, 2011
Gov. Rick Scott asked Citizens Property Insurance Corp.'s board to come up with a goal to reduce the state-backed insurer's size and risk and present a plan on how to do that at the Dec. 6 Cabinet meeting.
The most direct way to do that is to raise its...
| Nov 2, 2011
| 11:43 AM
Legislation to allow less-regulated insurers to take over state-backed Citizens Property Insurance's policies cleared a first hurdle Wednesday.
The House insurance committee approved the bill, HB 245, by a 13 to 1 vote. The legislation intends to...