| 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....
| Jul 25, 2012
| 2:05 PM
La revocación de muchos descuentos y la presión por inspeccionar las viviendas por parte de la aseguradora estatal Citizens Property Insurance ha despertado iras y cuestionamientos.
Las primas de las tres cuartas partes de los 225,502 asegurados, cuyas...
| 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...
| 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...
| 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...
| 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...