Florida OIR Approves Four More HO Rate Cuts as Citizens Keeps Shrinking
Citizens Property Insurance Corporation, Insurance Regulation News, Office of Insurance Regulatiom, Mike Yaworsky, Florida homeowners, property insurance rates
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Citizens Property Insurance Corporation, Insurance Regulation News, Office of Insurance Regulatiom, Mike Yaworsky, Florida homeowners, property insurance rates
Citizens Property Insurance Corporation, hurricane season, Insurance Regulation News, property insurance, tort reform, Florida insurance market
reinsurance, Citizens Property Insurance Corporation, Florida Legislature, Insurance Regulation News, Florida property insurance market, hurricane exposure
takeout companies, Florida OIR, Depopulation, property and casualty insurance, property insurance, Insurance Regulation News, Office of Insurance Regulation, Citizens Property Insurance Corporation
Citizens Property Insurance Corporation, Insurance Regulation News, property insurance, loss ratios, Florida insurance market
Michael Yaworsky, Depopulation, Insurance Regulation News, Florida Legislature, Office of Insurance Regulation, Citizens Property Insurance Corporation
Insurance Regulation News, property insurance, MGAs, insurance affiliates, Office of Insurance Regulation, Citizens Property Insurance Corporation
The Florida Office of Insurance Regulation has proposed revisions to rule 69O-171.011, now referred to as the Property Claims Lifecycle Data Call. OIR intends to adopt the changes effective January 1, 2026. The updated form adopts reporting fields for information such as the firm of a plaintiff’s attorney, the jurisdiction of each case filed, and […]
Citizens Property Insurance Corporation, Florida Hurricane Catastrophe Fund, Insurance Regulation News, property insurance, Florida property insurance market
Governor Ron DeSantis continues to support the property insurance reforms adopted in late 2022. This is not surprising considering that following the reforms existing insurers have increased their appetites for additional policies, rate levels have moderated and started to decline, approximately 14 new companies have entered the market, and Citizens Property Insurance Corporation has seen […]