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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 78-88
  • 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....
  • Citizens revoca descuentos

    Citizens revoca descuentos
    La revocaciĆ³n de muchos descuentos y la presiĆ³n 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...
  • 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...
  • 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...
  • Scott requires Citizens insurance to find ways to shrink by Dec.

    Scott requires Citizens insurance to find ways to shrink by Dec.
    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...
  • Bill allowing less regulated insurers to take over Citizens policies clears hurdle

    Bill allowing less regulated insurers to take over Citizens policies clears hurdle
    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...
  • Citizens insurance plans 19 percent rate hike for some condo buildings

    Citizens insurance plans 19 percent rate hike for some condo buildings
    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...
  • 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...
  • Citizens insurance prepares to drop or reduce coverage, raise premiums

    Citizens insurance prepares to drop or reduce coverage, raise premiums
    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&...
  • Citizens' plan to shrink could lower its risk by $190b

    Citizens' plan to shrink could lower its risk by $190b
    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...