All posts tagged citizens

citizens property insurance

Citizens To Stop Insuring Homes Valued At $700,000 And Up

State-run Citizens Property Insurance Corp. continued to shed its risk load by securing approval last week to drop 1,752 high-priced homes after their policies expire next year. CLICK ON THE HEADLINE FOR MORE

citizens property insurance

Citizens Property Insurance Revamps Criticized Program

Since January, more than 300,000 Citizens policyholders have been shifted to other carriers. CLICK ON THE HEADLINE FOR MORE

Quiet Hurricane Season Bolsters Insurance Market

But another storm will eventually take aim at the state, hitting somewhere along Florida’s 1,350 miles of coastline and producing results that will be both chaotic and expensive. CLICK ON THE HEADLINE FOR MORE

Citizens Creating Special Team To Curb ‘Water’ Lawsuits

Water-loss claims represent about half of all claims Citizens received last year. CLICK ON THE HEADLINE FOR MORE

Citizens Legal Costs Continue To Climb

More than 12,000 policyholders have sued the state-run insurer to get their claims paid and the cost of defending against those suits is rising, to more than $21 million for the last three months of 2013 alone. CLICK ON THE HEADLINE FOR MORE

What Is The Citzen’s Clearinghouse?

Florida-owned Citizens Property Insurance Corporation announced that it would launch its Property Insurance Clearinghouse on Monday. CLICK ON THE HEADLINE TO FIND OUT HOW IT MIGHT AFFECT YOU

Six Insurers Eyeing 151,000 Citizens Policies

The so-called takeouts are part of a continuing plan to reduce Citizens’ future catastrophe-related risk, such as hurricanes. CLICK ON THE HEADLINE FOR MORE

Citizens Racks Up Millions In Attorneys’ Fees As It Denies Claims

Citizens Property Insurance Corp. will be raising its rates for the third time next year and the proceeds will cover more than claims. CLICK ON THE HEADLINE FOR MORE

Check Your Condo Association Insurance Policy Coverage

It appears it has become more complicated in determining what a condominium association insurance policy covers as a result of a recent reported 4th District Court of Appeals case. CLICK ON THE HEADLINE FOR MORE

Property Insurance Rates Could Go Through Roof Under Senate Bill

Insurance bills could soar more than 60 percent under the Senate bill in certain areas of state, including South Florida and Tampa Bay. CLICK ON THE HEADLINE FOR MORE

Citizens Backs Bill Calling for More Oversight

A newly proposed legislative initiative that would create an independent inspector general to oversee the insurer’s handling of employee complaints and use of funds. CLICK ON THE HEADLINE FOR MORE

Florida Approves Take-Out of 100,000 Policies In December From Citizens

Florida Insurance Commissioner Kevin McCarty has approved another round of take-outs from the state’s bloated insurer of last resort. CLICK ON THE HEADLINE FOR MORE

Citizens’ $350M Incentive Plan To Undergo Outside Review

Concerns exist over how fast the Citizens program was proceeding without input from legislators. CLICK ON THE HEADLINE FOR MORE

Nearly Half Of Appealing Owners Get Relief From Citizens

But the great majority had to submit more proof that they deserved the wind mitigation discounts from the state insurer. CLICK ON THE HEADLINE FOR MORE

Citizens Raised Insurance Based On False Report, Lawsuit Claims

Lawsuits say Citizens is trying to make up for lost revenue because of state-mandated discounts and capped insurance rates. CLICK ON THE HEADLINE FOR MORE