| Dec 22, 2011
| 12:05 PM
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.
| Dec 27, 2011
| 7:45 AM
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...
| Dec 27, 2011
| 10:56 AM
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...
| 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...
| Sep 12, 2011
| 2:14 PM
Citizens Property Insurance board members on Monday approved capping its proposed 429 percent
rate hike for the...
| Sep 13, 2011
| 6:33 AM
Citizens Property Insurance officials will field questions today from state regulators on its request for a 25 percent
| Sep 14, 2011
| 5:46 PM
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...
| 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...