News & Updates

Citizens Property Insurance Corporation

Familiar Issues Expected to Surface Early in 2017

Familiar Issues Expected to Surface Early in 2017

As we begin 2017, we can expect some of the high profile issues addressed early in the year to be continuations of issues that gathered significant attention in 2016.  One of the hottest topics early in the year is likely to be the state of Florida’s workers’ compensation insurance market.  Beginning with reforms made in […]

Continue Reading →

New Year Brings Lower Coverage Limits in Citizens

New Year Brings Lower Coverage Limits in Citizens

The maximum personal residential coverage limits available from Citizens Property Insurance Corporation decreased as of January 1, 2017, in accordance with a law passed in 2013 providing for a gradual step-down in the limits.  Effective January 1, the following risks are no longer eligible as new business or renewals: A structure that has a dwelling replacement […]

Continue Reading →

Citizens Coverage A Reductions Take Effect

Citizens Coverage A Reductions Take Effect

As required by a law passed in 2013, the maximum Coverage A amounts for Citizens Property Insurance Corporation’s personal residential coverage have been reduced again effective January 1, 2017.  The following new business and renewals for personal residential risks are no longer are eligible for coverage in Citizens: A structure that has a dwelling replacement […]

Continue Reading →

2016 Brought Its Share of Novel Issues

2016 Brought Its Share of Novel Issues

As 2016 winds to a close, we can look back and see the impact this year’s events had on the Florida insurance market.  In the property and casualty sector, we saw two hurricanes affect Florida after a decade without hurricanes.  Fortunately, Hurricane Hermine remained a relatively small storm, and Hurricane Matthew stayed just offshore enough […]

Continue Reading →