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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 45-55
  • 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 Property Insurance rates headed up

    Citizens Property Insurance rates headed up
    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,...
  • Insurers' legislative wish-list and how it affects you

    Insurers' legislative wish-list and how it affects you
    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...
  • Citizens insurance has record 1.5 million policies

    Citizens insurance has record 1.5 million policies
    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...
  • Bills to let unregulated insurers take over Citizens policies

    Bills to let unregulated insurers take over Citizens policies
    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...
  • 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...