Editorial: Florida right to ‘freeze’ insurance
Citizens Property Insurance Corporation, Insurance Regulation News, property insurance, David Altmaier, Hurricane Michael
News & Updates
Citizens Property Insurance Corporation
Citizens Defers Action on Rates
Citizens Property Insurance Corporation is delaying action on a proposed 2019 rate filing while it continues to look for ways to address concerns with assignments of benefits. Citizens’ board recently decided to defer a proposed 7.9% statewide average increase for its personal residential programs. The indicated rate need is much higher in some areas, but […]
What the Florida Industry Needs to Know for the 2018 Hurricane Season
Citizens Property Insurance Corporation, property insurance, Florida Office of Insurance Regulation, hurricane coverage, hurricane season 2018
Session Heads Into Final Week
The 2018 Florida legislative session is drawing to a close, barring any extensions or subsequent special sessions. This year’s session has been unusual for issues outside of the typical annual cycles of budgets and other expected business. The 2018 session began with a lot of attention directed to the range of relationships between legislators, staff […]
House and Senate Maintain Differing Views on AOB Issue
Citizens Property Insurance Corporation, Office of Insurance Regulation, Travis Miller, Radey, Florida Senate, attorneys fees, Florida House of Representatives, radeylaw, water damage, assignment of benefits, AOB, water damage claims
Insurance regulation – only one state gets an A+
Citizens Property Insurance Corporation, Insurance Regulation News, Insurance Regulation Report Card
Citizens Discusses Financial Soundness Following Irma
Citizens Property Insurance Corporation recently updated its Hurricane Irma response and discussed the financial impact of the storm as the 2017 hurricane season has now drawn to a close. Citizens reports that Irma will produce an estimated $1.2 billion in insured losses, but points out that the losses remain well within its claims-paying capacity. Citizens has […]
Irma Analysis: Insurer Financial Stress Unlikely If Early Loss Estimates Hold
Citizens Property Insurance Corporation, reinsurance, property and casualty insurance, Florida insurance market, Insurance Regulatory News, Hurricane Irma
Despite last year’s hurricane damage, insurance companies sticking with Florida clients
Citizens Property Insurance Corporation, hurricane season, property insurance, Insurance Regulatory News
Editorial: Don’t delay any longer in cracking down on insurance abuse
Citizens Property Insurance Corporation, property insurance, AOB Claims, assignment of benefit claims, Insurance Regulatory News