Citizens Property Insurance Corporation Archives - Page 13 of 46

Florida insurers prepared for hurricanes

Published on: August 30th, 2016 | Tallahassee Democrat

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Agents ask regulators to check solvency of Citizens takeout firm

Published on: August 30th, 2016 | Palm Beach Post

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OIR Conducts Public Hearing on Citizens Rate Filings

Published on: August 18th, 2016 | Written By: Travis Miller | Insurance

The Florida Office of Insurance Regulation will hold a public hearing on Citizens Property Insurance Corporation’s pending rate filings today in Tallahassee. The hearing begins at 9:00 a.m. in the Senate Office Building. The hearings will allow the Office of Insurance Regulation to publicly discuss and receive comments on the pending filings for Citizens for […]

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Further Reduction in Citizens Coverage A Coming January 1

Published on: August 8th, 2016 | Written By: Travis Miller | Insurance

As required by a law passed in 2013, the maximum Coverage A amounts for Citizens Property Insurance Corporation’s personal residential coverage will be reduced again effective January 1, 2017. Effective at the beginning of net year, the following new business and renewals for personal residential risks are no longer are eligible for coverage in Citizens: A structure […]

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Water Damage Crisis Prompts Proposed Citizens Rate Increases

Published on: June 22nd, 2016 | Written By: Travis Miller | Insurance

Continuing concerns with water damage claims issues have prompted the Board of Governors of Citizens Property Insurance Corporation to sign off on a proposed 6.8 percent statewide rate increase. This reflects the average rate change, with some territories experiencing greater increases. In addition, the amount that Citizens can increase any policyholder’s rates is capped by […]

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