| 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...
| 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...
| Nov 9, 2011
| 6:38 AM
Citizens Property Insurance plans to raise premiums for the most valuable condominium associations by a statewide average of 19 percent on policies that cover fire, theft, hurricanes and other risks.
The rate hike could affect tens of thousands of people...
| Nov 15, 2011
| 8:12 AM
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...
| Jul 26, 2012
| 9:19 AM
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...
| Jul 27, 2012
| 12:11 PM
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...
| Jul 21, 2012
| 5:57 PM
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...
| Jul 24, 2012
| 8:05 AM
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....
| Apr 20, 2011
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...
| Jan 19, 2012
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...