News & Updates
Citizens Property Insurance Corporation
Fraud, inefficiency plagues Florida’s wind mitigation program, report says
Citizens Property Insurance Corporation, wind mitigation, Florida Commission on Hurricane Loss Projection Methodology
Rep. Bill Proctor: One big storm could wreck Florida’s economic recovery
Citizens Property Insurance Corporation, Florida Hurricane Catastrophe Fund, consumer choice
Limited Apportionment Form Available
An insurer with $25 million or less in surplus and writing at least 25% of its countrywide property insurance premiums in Florida may file a petition to become a “limited apportionment company.” By law, an insurer must submit its request to be a limited apportionment company within the first 90 days of each calendar year. […]
Deregulation pushed by insurance advocates
Citizens Property Insurance Corporation, consumer choice, Citizen
OPPAGA Releases Public Adjuster Report
Florida’s Office of Program Policy Analysis & Government Accountability has released Report No. 10-06 relating to the regulation of public adjusters in Florida. The title of the report notes that, “Public Adjuster Representation in Citizens Property Insurance Corporation Claims Extends the Time to Reach a Settlement and Also Increases Payments to Citizens’ Policyholders.” The report […]
Don’t deregulate insurance: Consumers only ‘choice’ would be bad
Citizens Property Insurance Corporation, assessment, consumer choice
Insurance Doctrine Shifting Back Toward Market
Citizens Property Insurance Corporation, Governor Charlie Crist
Bill Proctor: Floridians deserve choices for insuring their homes
Two Florida Legislators Revive Deregulation Bill
During the 2009 Legislative session Representative Bill Proctor, R-St. Augustine and Sen. Mike Bennett, R-Bradenton guided a “deregulation bill” through the Florida Legislature. The bill would have permitted many large insurers to offer homeowners insurance policies at rates that exceeded the approved rates they had on file. To be eligible for this reduced rate regulation, […]