Florida sinkhole settlement News

Florida Updates Neutral Evaluation Rules for Sinkhole Claim Disputes

New rules changing the way disputed sinkhole claims are handled in Florida as part of the state’s Sinkhole Neutral Evaluation Program have been approved and took effect July 27. The main changes to the consumer sinkhole claim dispute process include: …

Florida’s Citizens Settled Almost 70% of Sinkhole Claims in 2014

Citizens Property Insurance Corp. has reached settlement agreements with more than 1,650 Florida homeowners to end litigation on sinkhole repair cases that was delaying critical repairs to their properties. As of Dec. 15, 2014, Citizens had reached agreements with 1,669 …

Florida’s Citizens Reaches Sinkhole Settlement

Florida’s state-backed property insurer said it has reached an agreement with more than 300 policyholders with sinkhole claims that officials say could save the insurer $30 million in legal fees. Citizens Property Insurance Corp. officials said the tentative agreement is …