News & Updates

Citizens Property Insurance Corporation

Right-Sizing FHCF Adds Certainty But Affects Market Competitiveness

Right-Sizing FHCF Adds Certainty But Affects Market Competitiveness

One of the most significant legislative proposals for the upcoming session in the residential property arena will be reducing the size of the FHCF.  Jack Nicholson of the FHCF has said that while the FHCF currently projects that it could meet its mandatory obligations, worldwide financial conditions have reduced the margin for doing so to […]

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Citizens Issue Brief Released by Banking and Insurance Committee

Citizens Issue Brief Released by Banking and Insurance Committee

The Florida Senate Banking and Insurance Committee released its issue brief (2012-226) regarding Citizens Property Insurance Corporation on September 1, 2011.  As one would expect all of the numbers are very large. The brief provided up to date information on the total policies in force and the surplus in each of the three statutorily created […]

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