Requiring Citizens’ Policyholders to Also Buy Flood Insurance Could Address Problems October 19, 2022 By William Rabb Problem: Less than 20% of Floridians in vulnerable areas carry flood insurance. Uninsured flood losses from Hurricane Ian are projected...
Debate Deepens After Florida OIR Seeks to Raise Citizens’ Coverage Limit on Homes September 6, 2022 By William Rabb Recent developments have sparked new debate about the role that Citizens Property Insurance Corp. should play in Florida’s rapidly shifting...
Report Questions Lydecker’s Appointment to Florida Citizens Insurance Board August 22, 2022 Three months after Charlie Lydecker was appointed to the Florida Citizens Property Insurance Corp. Board of Governors, some are questioning...
Florida’s Citizens Tops 1 Million Policies, Making it Largest in State by a Third August 12, 2022 Florida’s Citizens Property Insurance Corp., created by lawmakers as a last-resort option, has become the largest property insurer in the...
Hurricane Irma’s ‘Last Gasp’: 3-Year Claims Deadline Put to the Test September 10, 2020 By Amy O'Connor It’s been 3 years since Hurricane Irma made landfall in Florida as a Category 4 storm, and the trail of...
Citizens to Implement New Lobbyist Registration System Aug. 1 June 19, 2018 By Amy O'Connor Citizens Property Insurance Corp., the Florida state-run insurer of last resort, has devised a new policy requiring lobbyists seeking to...
Update: Florida CFO Wants Lobbyist Registration Requirement for Citizens May 4, 2018 By Amy O'Connor Editor’s Note: This story has been updated from a previous version with comment from the CFO’s office. Florida Chief Financial...
Citizens’ Takeout Program Undergoing Changes; Says Assessments Unlikely December 11, 2014 By Michael Adams Faced with a rising number of consumer complaints, Florida’s state-backed property insurer has announced a series of changes to its...
Florida Approves Rate Cuts for Citizens Property Customers September 9, 2014 By Michael Adams Florida’s insurance regulator has approved rate decreases for policyholders of Citizens Property Insurance Corp. The approval means for the first...
Florida’s Citizens to Shave Operating Costs by Consolidating Offices April 23, 2014 By Michael Adams Florida’s state-backed property insurer is seeking to control its operating costs by consolidating its office space, a move expected company...