Faced with a rising number of consumer complaints, Florida’s state-backed property insurer has announced a series of changes to its takeout program. The news comes as the insurer said it is highly unlikely to need policyholder assessments next year. Citizens …
Florida’s insurance regulator has approved rate decreases for policyholders of Citizens Property Insurance Corp. The approval means for the first time in five years a majority of the state-backed insurer’s 998,800 policyholders will see rates go down on average. Florida …
Florida’s state-backed property insurer is seeking to control its operating costs by consolidating its office space, a move expected company officials say could save almost $12 million over the next five years. Citizens Property Insurance Corp. currently has offices in …
Florida insurance agencies and agents have just a few days left to decide whether or not to agree to the state-backed property insurer’s new appointment guidelines. Citizens Property Insurance Corp. revamped its agent appointment process in September in preparation for …
Florida Gov. Rick Scott and members of the Florida Cabinet announced Bruce Meeks has been selected to fill the newly created post of inspector general for Citizens Property Insurance Corp., the state’s largest insurance company and a taxpayer-backed entity.The inspector …
