News & Updates

Citizens Property Insurance Corporation

Citizens Promotes Clearinghouse

Citizens Promotes Clearinghouse

| Written By: Travis Miller | Insurance

Citizens Property Insurance Corporation is seeking to discuss its anticipated new clearinghouse with interested insurers.  The clearinghouse concept, adopted by the 2013 Florida legislature, will facilitate offers of coverage from admitted market insurers for new and renewal Citizens business.  A participating insurer will provide its underwriting criteria to the program to enable the clearinghouse to […]

Continue Reading →

Governor Signs Property Bill

Governor Signs Property Bill

| Written By: Travis Miller | Insurance

Governor Rick Scott has signed SB 1770 into law.  At the outset of the 2013 legislative session, SB 1770 contained an ambitious set of reforms designed to reduce the size of Citizens Property Insurance Corporation and reduce the degree to which it competes with the admitted market.  The final package, however, contained a milder set of compromise […]

Continue Reading →