Too Little, Too Late? Breaking Down Florida’s Latest Property Insurance Reforms June 1, 2021 By Amy O'Connor A bill passed by the Florida Legislature to address the state’s property insurance crisis has created optimism among some stakeholders,...
Florida Regulator Nixes Citizens Request to Remove Rate Cap on New Business April 21, 2021 By Amy O'Connor New policyholders coming into Florida’s insurer of last resort will not face higher rates than existing insureds under an order...
Citizens’ CEO: Florida Property Insurance Market is Shutting Down March 19, 2021 By Amy O'Connor Florida’s insurer of last resort, Citizens Property Insurance Corp., has become the insurer of first resort as thousands of new...
Florida Insurers Sustain ‘A’ Ratings, For Now, As 2020 Industry Losses Top $1.5B March 17, 2021 By Amy O'Connor Ratings agency Demotech has affirmed the ‘A’ ratings of the Florida homeowners carriers it rates, which account for approximately 66%...
‘Desperate’ Times: Stakeholders Urge Florida Lawmakers to Enact Insurance Reform March 4, 2021 By Amy O'Connor It’s the start of another Florida Legislative Session with a familiar theme — insurers pushing for reforms they say are...
Florida’s Citizens Joins NICB Disaster Response Services Consortium June 4, 2019 Citizens Property Insurance Corporation, Florida’s insurer of last resort, has joined the Geospatial Intelligence Center (GIC), an insurance industry consortium...
Florida Governor to Sign AOB Reform Bill; Citizens Plans Rate Review April 25, 2019 By Amy O'Connor Florida Governor Ron DeSantis has signaled his support of a property insurance reform bill passed by the Florida Senate Wednesday,...
Chairman of Florida Citizens Board Gardner Resigns, Aubuchon Appointed Interim Chair August 24, 2018 By Amy O'Connor Christopher Gardner, chairman of the Board of Governors of Citizens Property Insurance Corp., Florida’s insurer of last resort, has resigned....
Florida Agents March on State Capitol in Lawmaker Push to Reform AOB January 25, 2018 By Amy O'Connor Insurance agents from across Florida marched together on the state’s capitol Wednesday to deliver a message to Florida lawmakers: It’s...
Citizens Seeks Florida Agents’ Help Fighting Water Claims Abuse March 30, 2017 By Amy O'Connor As the Florida property market fights what has so far been a losing battle against attorneys and unlicensed contractor firms...