| Jan 19, 2011
| 5:34 PM
The state's insurer of last resort says it will not provide coverage for homes with extensive damage caused by tainted drywall from China.
Already, Citizens Property Insurance has dropped coverage on two homes that are vacant because of defective...
| 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...
| 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&...
| Dec 6, 2011
| 5:08 AM
Citizens Property Insurance could get a green light today to implement changes that would lead to fewer policies, higher premiums and less financial risk for all Floridians.
The Florida Cabinet will weigh 31 ways to shrink the state-backed insurer. Many...
| Dec 7, 2011
| 10:24 AM
Legislation allowing less regulated insurers to take over Citizens Property Insurance policies has now cleared both the House and Senate's insurance committees.
Senators approved a bill, SB 578, by a 7 to 3 vote Wednesday because they're hoping the...
| Dec 14, 2011
| 6:04 AM
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...
| 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...
| 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...