All posts tagged citizens property insurance

citizens property insurance

Insurance Agents Expecting To Write More South Florida Policies With State-Run Citizens

If the Legislature fails to address “assignment of benefits” abuses for a fifth-straight year, more private insurers will likely decide parts or all of the tricounty region are too risky and refuse to take new customers. CLICK ON THE HEADLINE FOR MORE

insurance claims

Citizens Alerting Policyholder Of New Claims Restrictions

State approval for the same or similar changes is being sought by private insurance companies in so-called “me too” filings submitted after Citizens’ requests were approved. CLICK ON THE HEADLINE FOR MORE

water-damage

Citizens Property Insurance Seeks Changes For Water Claims

The Citizens Board of Governors on Wednesday unanimously agreed to move forward with changes involving how water-damage claims are handled. CLICK ON THE HEADLINE FOR MORE

water-damage

Citizens Rates Rising In South Florida; Water Claims Blamed

If approved, the rate hikes would kick in next February. CLICK ON THE HEADLINE FOR MORE

Citizens Has $12.4 Billion On Hand In Event Of Storm

State law allows Citzens to levy special assessments on its policyholders and customers of private insurance companies, including auto insurers, if it cannot pay claims after a catastrophe. CLICK ON THE HEADLINE FOR MORE

House Bill Aims To Curb Contractor Abuses By Barring Attorneys Fees

State Rep. John Tobia, R-Melbourne Beach, filed the bill Monday, minutes after insurance industry spokesmen asked lawmakers to help curb increases in lawsuits and repair bills for water damages. CLICK ON THE HEADLINE FOR MORE

Homeowners Battle Push By Citizens Property Insurance To Drop Them

The hurdles to avoid being taken out of Citizens can be hard to overcome. CLICK ON THE HEADLINE FOR MORE

Florida’s New Home-Insurance Sector May Be ‘Accident Waiting to Happen’

Homeowners are pouring $6 billion a year in premiums into a new generation of small, in-state insurance companies with an unproven record of withstanding a major hurricane. CLICK ON THE HEADLINE FOR MORE

When It Comes To Citizens Take-Outs, Do You Have A Choice?

The state is allowing four private insurance companies to select nearly 100,000 policies to take over from Citizens by fall. CLICK ON THE HEADLINE FOR MORE

New Bill Could Send Property Insurance Higher

Florida’s former insurance consumer advocate, however, blasted the proposal. CLICK ON THE HEADLINE FOR MORE

Bill Would Ban Insurance Companies From Discriminating Against Florida Gun Owners

The bill would allow state regulators to fine or impose penalties on auto or property insurance companies that “refuse to issue, renew, or cancel a policy” because the policyholder owns a gun. CLICK ON THE HEADLINE FOR MORE

Report: Miami-Dade Lawyers Cause Headaches For Citizens Property Insurance

Citizens Property Insurance spent $100 million in the past two years in legal fees and says its legal bills are rising because a handful of aggressive South Florida law firms — most in Miami-Dade County. CLICK ON THE HEADLINE FOR MORE

Survey: Floridians More Concerned About Property Insurance Than Taxes

The issue could pose a political threat to state lawmakers who have supported requests by insurers to raise rates. CLICK ON THE HEADLINE FOR MORE