Amid long-running efforts to shift customers into the private market, the number of homeowners insured by the state’s Citizens Property Insurance Corp. plunged last week. Amid long-running efforts to ...
ORLANDO, Fla. – Once viewed as the insurer of last resort, Citizens Property Insurance Corporation has experienced an unprecedented surge in popularity amidst Florida’s property insurance crisis. As ...
Citizens Property Insurance Corp. saw a record-breaking decrease in policies, indicating a potential recovery in Florida's private insurance market. Some lawmakers argue that shrinking Citizens might ...
State insurer of last resort reduces policy count from 1.4 million to 482,570 as market conditions improve LAKE WORTH BEACH, Fla. — Citizens Insurance has successfully moved about 355,000 policies off ...
Customers of state-run Citizens Insurance were not allowed to sue over claims disputes, following legislative reforms in 2023. Citizens directed disputed claims into Florida’s Division of ...
Arguing that it faces being “irreparably harmed,” the state’s Citizens Property Insurance Corp. wants an appeals court to allow it to use a controversial claims-dispute process while a legal battle ...
TAMPA, Fla. (WFLA) — Florida homeowners are still grappling with high property insurance rates. There’s now more concern that Citizens could implement a 14 percent rate hike on renewals next year.
ST. PETERSBURG, Fla. — In an announcement on Wednesday, Gov. Ron DeSantis said about a quarter of Citizens homeowners insurance policyholders statewide could see their premiums drop an average of 5.6% ...
Property insurance, which has to be one of the sorest subjects in Florida, is back in the news and, as always, it seems, not in a good way. The “property insurer of last resort” in Florida — known as ...
A Leon County circuit judge has ordered the Florida Division of Administrative Hearings (DOAH) to resume deciding claims ...
TALLAHASSEE, Fla. — If a pending request is approved by the state, policyholders with Citizens Property Insurance may see a double-digit rate hike in 2025. Citizens is the state's largest property ...
Officials overseeing the state-backed homeowners’ insurer of last resort said reports it has the worst rate of paying claims were frustrating clickbait. Jay Adams, chief insurance officer of Citizens ...