Citizen surcharge could end two years early
Florida Legislature, Florida Hurricane Catastrophe Fund, hurricane season, Office of Insurance Regulation, Citizens Property Insurance Corporation, Insurance Regulation
News & Updates
Office of Insurance Regulation
Christian Camara: Think back to 2004
Office of Insurance Regulation, Florida Legislature, hurricane season, Kevin McCarty, Citizens Property Insurance Corporation
Ocala Star Banner Editorial: The property insurance puzzle
Citizens Property Insurance Corporation, property insurance, Florida Legislature, hurricane season, Office of Insurance Regulation, Kevin McCarty
Homeowner’s Insurance: Higher Cost For Less Coverage
Governor Charlie Crist, Florida Legislature, Florida Hurricane Catastrophe Fund, reinsurance, Office of Insurance Regulation, Citizens Property Insurance Corporation, Insurance Regulation
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. […]
Kevin McCarty: Florida home insurance market is strong
property insurance, hurricane season, Office of Insurance Regulation, Kevin McCarty, Citizens Property Insurance Corporation
Citizens Proposes Small Personal Residential Rate Decrease
Travis Miller discusses Citizens Board of Governors recent recommendation of a statewide average decrease of 2.9% for its personal residential programs in 2015.
Insurers file to sell 2015 marketplace health plans in Florida, rates still not known
health insurance, Affordable Care Act, Healthcare, Office of Insurance Regulation
Citizens Proposes Small Personal Residential Rate Decrease
Over the last few years, we have grown accustomed to talking about Citizens Property Insurance Corporation’s rates being inadequate and serving as an impediment to policies finding coverage in the admitted market. However, as the rate glide path in 2010 has continued to take effect each year, an increasing number of insurers have been assuming […]
Anti-Discrimination Law Relating to Gun Ownership Takes Effect July 1
A new law limiting the ability of personal lines property and personal lines auto insurers to use gun possession or ownership information in underwriting or rating takes effect July 1. The legislature passed SB 424 during the 2014 legislative session, and the bill was signed into law as Chapter Law 2014-180. The new law amended Section 626.9541 […]