| Feb 25, 2010
| 2:32 PM
Citizens Property Insurance Corp. Executive Director Scott Wallace was one of Florida's top-paid government employees last year and 48 other Citizens employees earned more than $100,000, a Sun Sentinel analysis shows.
Federal labor statistics indicate...
| Apr 21, 2011
| 4:33 PM
Citizens Property Insurance is calculating the costs of rebuilding homes in a new way, and it's driving up some policyholders' premiums.
Insurance agents report mixed results, with some complaining that Citizens is inflating how much it will cost to...
| Apr 13, 2011
| 5:26 PM
Lawmakers in Tallahassee are seriously considering three bills that could raise your property insurance premiums.
The bills are intended to reduce fraudulent or inflated claims, draw new insurers to the state and strengthen the insurance market. State...
| Nov 5, 2010
| 8:54 PM
The cost of rebuilding homes in Florida dropped about 5 percent from 2009 to the first half of 2010, but you'd never know it from your property insurance bill.
State law says premiums must be fair and reasonable, but it doesn't require them to be...
| Nov 22, 2010
| 3:57 PM
For the fourth time in about two years, Citizens Property Insurance is preparing to review bids for new office space.
Critics say the problems with the office space bids are just one more example of how the state-run insurance company mishandles...
| Nov 12, 2010
| 4:23 PM
Your property management company may be making money off your condo association's insurance policy.
Some say that's a conflict of interest because management companies also help associations pick their insurance.
"Referrals should be based on good...
| Apr 20, 2011
| 4:39 PM
You are underwriting insurance for 500 beachfront mansions worth a combined $2.6 billion.
If a big hurricane hits Florida and blows them down, you will be taxed to put them back together.
This is because the owners buy insurance from state-owned...
| Apr 29, 2011
| 7:30 AM
A sweeping bill that would allow insurers to drop full sinkhole coverage and shorten the time policyholders have to file claims cleared the Senate by a 25 to 12 margin Thursday.
The bill, which has about 20 provisions, would:
Allow insurers to charge as...
| May 9, 2011
| 7:35 PM
I am amused by Rick Scott's claims of victory in this legislative session.
This was House Speaker Dean Cannon's party.
Scott entered the Governor's Office as a wildly firing cannon.
It was Cannon who aimed the cannon at the targets he wanted to hit,...
| Jul 27, 2010
A committee of the Louisiana Citizens Property Insurance Corp. has recommended a compensation package of $264,000 annually for the insurer's next chief executive.
The full board of the property insurer of last resort will consider hiring Richard...
| Jan 16, 2011
State Farm Fire and Casualty Co. is raising rates on small rental properties statewide and dropping wind and hail coverage in some coastal parishes.
State Farm, Louisiana's largest residential insurer, began increasing rates for new policies to cover...