Florida’s Citizens Delays Launch of Clearinghouse
Florida’s state-backed property insurer officials announced they are delaying the launch of a new web-based clearinghouse in order to ensure it is working efficiently and to allow more private insurers...
View ArticleFlorida’s Citizens Defends Travel Expenses Questioned By Gov. Scott
Florida Governor Rick Scott is calling on the top official of the state-backed property insurer to explain why the insurer has deviated from its limitations on overseas travel. Citizens Property...
View ArticleFlorida’s Citizens’ Gilway Defends Overseas Travel Before Governor, Cabinet
The top official of Florida’s state-backed property insurer stepped forward yesterday to defend his organization’s international travel, arguing it was necessary to conclude a $3.1 billion risk...
View ArticleFlorida’s Citizens No Longer ‘Out of Control,’ Says Exec Defending Rate Cut
Its successes in reducing its insured population and securing low cost catastrophic coverage are driving the request by Florida’s state-backed property insurer for a statewide average 2.9 percent...
View ArticleCitizens: Florida Policyholder Count Lowest Since Company Creation
Citizens Property Insurance Corp. is the smallest it has been since its creation more than a decade ago, as improving private-market conditions continue to offer policyholders more choices for how best...
View ArticleFlorida Approves Citizens’ 2016 Rates With Minor Adjustments
The Florida Office of Insurance Regulation has approved a slate of 2016 property insurance rates for Citizens Property Insurance Corp. In an order signed September 8 by Florida Commissioner Kevin...
View ArticleCitizens’ CEO Updates Board on ‘Critical’ Water Loss Issue, Depopulation Program
Citizens Property Insurance Corporation’s top executive warned the company’s Board of Governors Wednesday that water loss claims will continue to hamper efforts to reduce rates for many Florida...
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