News & Updates

Depopulation

OIR Highlights Market Improvements

OIR Highlights Market Improvements

As the new year begins, the Florida Office of Insurance Regulation (OIR) recently took the opportunity to recap notable changes in 2023. The new year marks almost one full year in office for Commissioner Mike Yaworsky, who was nominated for the position in February 2023 and formally appointed in March. Commissioner Yaworsky recapped the year […]

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Citizens Updates Assumption Process

Citizens Updates Assumption Process

Citizens Property Insurance Corporation is changing the depopulation process for personal lines assumptions taking place on and after February 21, 2017. The changes are intended to increase policyholder choice and bring greater efficiency to the process for policyholders, agents, takeout companies and Citizens. The new process is based, in part, changes required by HB 931, which passed […]

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New Law Makes Citizens Adjustments

New Law Makes Citizens Adjustments

House Bill 931 has been signed into law, becoming Chapter Law 2016-229.  The new law makes several changes affecting Citizens Property Insurance Corporation.  Among the key changes, the following take effect July 1, 2016: Citizens may appoint as agents only those agents who have and continuously maintain at least one appointment with an insurer actually […]

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