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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 56-66
  • Citizens insurance OKs ways to shrink

    Citizens insurance OKs ways to shrink
    Citizens Property Insurance's board gave an early green light late Monday to recommendations to help the state-backed insurer downsize its size and financial risk to Floridians. Many of the proposals would allow it to shrink and effectively raise...
  • Consumer advocate slams Citizens insurance over inspections

    Consumer advocate slams Citizens insurance over inspections
    Insurance Consumer Advocate Robin Westcott on Thursday criticized Citizens Property Insurance's push to inspect homes and revoke discounts for hurricane-resistant features. "Hardening of homes is the only way Floridians have to help control...the...
  • Citizens insurance approves 10% rate hike, kills two controversial plans

    Citizens insurance approves 10% rate hike, kills two controversial plans
    Citizens Property Insurance’s board voted Friday to increase premiums by more than $250 million by a statewide average rate hike of more than 10 percent. Board members killed two controversial proposals: To charge new policyholders much higher...
  • Citizens revokes hurricane-proofing discounts

    Citizens revokes hurricane-proofing discounts
    Citizens Property Insurance's push to inspect homes and revoke discounts for hurricane-resistant features has drawn fire and questions. Premiums went up for nearly three-fourths of the 225,502 homeowners who have had the inspections. About 7 percent...
  • Florida home insurers lining up for rate increases

    Florida home insurers lining up for rate increases
    Three major home insurers in Florida want rate hikes: Allstate's Florida subsidiaries want 21.9 percent and 32.7 percent statewide average increases, Universal Insurance Co. of North America wants a 22 percent average increase and State Farm wants a 14....
  • ‘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 peopleĀ in 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,...
  • 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...
  • Today in Tallahassee: Redistricting, gambling, septic tanks

     
    TALLAHASSEE — Florida lawmakers begin their second week of session today with redistricting action on the Senate floor and House committees vetting everything from sewage bills and homestead exemptions to murder penalties and the federal health-care...
  • Monday Morning Reads: Insurance, lawmaker testimony and casinos

     
    TALLAHASSEE — Good morning and welcome to the Monday edition of the morning reads. Last week, the halfway point of the session, saw the passage of redistricting maps in the House, plus the end of the road for the gambling bill. And a controversial...