Southeast News
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Florida Insurance Commissioner Amends Citizens' Take-Out Procedures
Southeast News • March 12, 2008
Florida Insurance Commissioner Kevin McCarty signed an order approving Citizens Property Insurance Corp. take-out plans for the year and requiring Citizens to notify policyholders whose agents ...
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| Subject | Posted By | Posted On |
|---|---|---|
| RE: Forced Take out | Maria | Mar 19, 2008, 12:52 pm |
| failing carriers | Nathan | Mar 13, 2008, 11:16 am |
| RE: RE: Forced Take out | little guy | Mar 12, 2008, 10:41 pm |
| RE: Forced Take out | Katie | Mar 12, 2008, 6:22 pm |
| RE: failing carriers | actuary | Mar 12, 2008, 4:37 pm |
| failing carriers | 21st century holdings | Mar 12, 2008, 3:51 pm |
| RE: Forced Take out | Brenda | Mar 12, 2008, 3:45 pm |
| Forced Take out | Joe B | Mar 12, 2008, 3:22 pm |
| Back to article | ||
Subject: RE: failing carriers
If you took the time to actually explain that to each policyholder (don't forget the part about you making less money) some of them might actually choose to stay in Citizens.
Don't forget to tell them that the existence of a Guaranty Fund lowers the risk that they won't get paid. Your complaints about claims handling are valid.
If I were a policyholder and found out you didn't bother to call me and ask, you'd lose the Citizens policy, auto home, life, etc.