Claims from Hurricane Milton Continue to Rise in Florida October 22, 2024 Almost two weeks after Hurricane Milton made landfall near Sarasota, Florida, as a Category 3 storm, claims and loss totals...
Should Citizens Do More to Assist With Coming Flood Claims in Florida? Can it? September 25, 2024 By William Rabb Citizens Property Insurance Corp., Florida’s largest insurer, has suspended policy binding ahead of predicted Hurricane Helene, and a board member...
Florida Home Inspector Used Stock Photos 200 Times, Defrauding Citizens, DFS Says September 12, 2024 By Insurance Journal Staff Reports A Florida home inspector allegedly used the same stock photographs in more than 200 home and wind-mitigation inspections, costing Citizens...
Audit Finds Some Florida Citizens’ Policies Over Limit, Small Use of Clearinghouse August 29, 2024 By Insurance Journal Staff Reports Florida’s state-created Citizens Property Insurance Corp., has a few issues it needs to address, including policies with coverage values above...
Florida Insurer Can’t Object to Appraiser After the Award Is Decided, 11th Circuit Says August 8, 2024 By William Rabb If a property insurer is going to object to an appraisal panel member’s fee arrangement, it must do so early...
With American Mobile Cancellations, Florida Mobile Home Market Has ‘Fallen Apart’ July 22, 2024 By William Rabb Reinsurance in Florida’s long-stressed property insurance market was supposed to have stabilized this year – with moderate rate increases and...
Florida Citizens Board Votes to Raise Rates 14% But Litigation Costs Dropping June 19, 2024 By William Rabb The board of governors for Florida’s state-created Citizens Property Insurance Corp. voted unanimously Wednesday to raise personal lines rates by...
Former Florida Fire Captain Charged With Padding Living Expenses on Citizens Claim June 12, 2024 A retired south Florida fire captain has been arrested for insurance fraud, charged with vastly overstating the number of nights...
Florida Agents Will Soon Need Three Appointments Before Selling Citizens May 23, 2024 By William Rabb Starting July 1, Florida insurance agents must have at least three appointments with authorized carriers before they can sell policies...
Citizens’ Cerio Pushes Back Against Senator’s Questions About Insurer’s ‘Solvency’ March 20, 2024 By William Rabb The CEO of Citizens Property Insurance Corp. has denied that corporation representatives have been unresponsive to Congressional requests for financial...