Citizens CEO Notes Impact of AOB Reforms as New Rates to Take Effect in Florida November 20, 2019 By Amy O'Connor The head of Citizens Property Insurance Corp. says it is already seeing a difference in assignment of benefits (AOB) litigation...
Florida Regulator Approves Post-AOB Reform Rates for Citizens Policyholders July 30, 2019 By Amy O'Connor Florida’s insurance regulator has established 2019 rates for Citizens Property Insurance Corp. after the insurer resubmitted its rate filing as...
Florida’s Citizens Revises 2019 Rate Filing; Will Request 2.3% Statewide Rate Increase June 20, 2019 Citizens Property Insurance Corporation’s Board of Governors has approved a revised 2019 rate proposal that the company said reflects recent...
Rivard Appointed to Citizens Board of Governors May 6, 2019 Florida’s insurer of last resort, Citizens Property Insurance Corp., has a new board member. Florida CFO Jimmy Patronis has appointed...
Florida’s Citizens: $200M Reinsurance Buy Needed to Protect Personal Lines Surplus March 28, 2019 Citizens Property Insurance Corp. plans to purchase approximately $200 million in traditional reinsurance coverage for the 2019 hurricane season to...
Florida Regulator to Hold Public Hearing on Citizens Rate Increase March 13, 2019 The Florida Office of Insurance Regulation (OIR) will conduct a rate hearing to receive public comment on the proposed rate...
Citizens to Request 8.2% Rate Increase from Florida Regulators December 13, 2018 By Amy O'Connor Citizens Property Insurance Corp. will file for a statewide average increase of 8.2 percent for personal lines policyholders – homeowners,...
Florida Keys Insurance Agent Accused of Defrauding Citizens Insurance November 27, 2017 A Florida insurance agent has been arrested after allegedly submitting a fraudulent insurance policy to Citizens Property Insurance Corp., according...
Citizens Board Approves $2.46B Risk Transfer Program for 2016 Hurricane Season May 25, 2016 Florida’s Citizens Property Insurance Corporation’s Board of Governors has approved a $2.46 billion risk transfer program as the state heads...
Louisiana Citizens Property Insurance Corp. Class Action Members Owed $1,640 May 20, 2015 The Louisiana state treasurer is holding money for more than 4,500 people who participated in a class action lawsuit against...