News & Updates

homeowners

Travis Miller to Discuss Homeowners Market at CAS Spring Meeting

Radey president Travis Miller will join WTW Senior Director Klayton Southwood in a presentation on the condition of Florida’s homeowners insurance market.  The presentation will take place May 16, 2022, as part of the Casualty Actuarial Society’s spring meeting.  Miller and Southwood will review some of the key historical reasons Florida’s homeowners market has been […]

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OIR Conducts Public Hearing on Citizens Rate Filings

OIR Conducts Public Hearing on Citizens Rate Filings

The Florida Office of Insurance Regulation will hold a public hearing on Citizens Property Insurance Corporation’s pending rate filings today in Tallahassee.  The hearing begins at 9:00 a.m. in the Senate Office Building. The hearings will allow the Office of Insurance Regulation to publicly discuss and receive comments on the pending filings for Citizens for […]

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Public Hearing Scheduled for Proposed Citizens Rate Changes

Public Hearing Scheduled for Proposed Citizens Rate Changes

The Office of Insurance Regulation has scheduled a public hearing for the following pending rate filings submitted by Citizens Property Insurance Corporation.  Citizens submits rate filings for all of its programs each year.  In connection with the OIR’s review, the OIR holds a public hearing at which Citizens presents information regarding the filings and the […]

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Citizens Policies up to $1 Million Remain Eligible in Miami-Dade and Monroe

Citizens Policies up to $1 Million Remain Eligible in Miami-Dade and Monroe

The Office of Insurance Regulation has determined there is not a “reasonable degree of competition” in Miami-Dade and Monroe Counties for homeowners with dwelling limits exceeding $900,000 or for condominium unit owners with combined dwelling and contents limits over $900,000.  As a result, Citizens Property Insurance Corporation will continue to make coverage available to these […]

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Office of Insurance Regulation Issues Citizens Rate Order

Office of Insurance Regulation Issues Citizens Rate Order

The Florida Office of Insurance Regulation has issued an order establishing the 2015 rates for Citizens Property Insurance Corporation’s personal lines programs.  The statewide average homeowners rate decrease is 3.7%, which is a slightly greater reduction than the 3.4% decrease filed by Citizens.  The OIR’s order sets rates for Citizens Homeowners’, Dwelling Fire, Mobile Homeowners and Mobile Homeowners Physical Damage policies.  […]

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