House plan would shift AOB savings to policyholders
HB 7065, AOB Claims, assignment of benefits, Insurance Regulation News, Florida Legislature, Citizens Property Insurance Corporation
News & Updates
Citizens Property Insurance Corporation
Solid data backs Citizens Property Insurance push for AOB reform | Opinion
Office of Insurance Regulation, assignment of benefit claims, property insurance, Insurance Regulation News, Department of Financial Services, Citizens Property Insurance Corporation
Senate debate opens over restriction of one-way attorney fees
AOB Claims, Senate Banking and Insurance Committee, assignment of benefits, Insurance Regulation News, Florida Legislature, Citizens Property Insurance Corporation
Editorial: Florida right to ‘freeze’ insurance
property insurance, Insurance Regulation News, Citizens Property Insurance Corporation, David Altmaier, Hurricane Michael
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
hurricane season 2018, hurricane coverage, Florida Office of Insurance Regulation, property insurance, Citizens Property Insurance Corporation
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
radeylaw, Florida House of Representatives, attorneys fees, Florida Senate, Radey, Travis Miller, Office of Insurance Regulation, Citizens Property Insurance Corporation, water damage, water damage claims, AOB, assignment of benefits
Insurance regulation – only one state gets an A+
Citizens Property Insurance Corporation, Insurance Regulation Report Card, Insurance Regulation News
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 […]