Category: Citizens Property Insurance Corporation
Mar 6, 2014
The Florida Office of Insurance Regulation (“OIR”) has revised the Personal Residential Assumption Deadlines for 2014 Citizens Property Insurance Corporation (“Citizens”) Assumptions. The attached document contains the new deadlines to submit a request to the OIR seeking approval to …
Feb 25, 2014
The Citizens Property Insurance Corporation (“Citizens”) Claims Committee (“Committee”) met on February 19, 2014 to hear updates on Citizens catastrophe planning and sinkhole-related developments, and to take action on several items. In considering its vendor-related action agenda, the …
Feb 18, 2014
At its meeting today, February 18, 2014, the Florida Senate Committee on Banking and Insurance (“Committee”) took up SB 346 by Senator Tom Lee, which revises how the Florida Insurance Guaranty Association (“FIGA”) levies and collects assessments. During discussion …
Feb 13, 2014
In an effort to pre-empt concerns about foreign travel expenditures during negotiations involving traditional reinsurers and capital market private risk transfer, Florida’s Citizens Property Insurance Corporation President and CEO Barry Gilway explained the reasons for the overseas meetings in …
Feb 13, 2014
Florida’s Citizens Property Insurance Corporation’s (“Citizens”) Board of Governors (“Board”) met on January 29, 2014. The agenda included action on Citizens’ 2014 plan to transfer risk for the purpose of avoiding the likelihood of assessments on Floridians. To view …
Jan 22, 2014
To facilitate its return to being Florida’s “insurer of last resort,” Citizens Property Insurance Corporation (“Citizens”) will launch its Property Insurance Clearinghouse (“Clearinghouse”) on Monday, January 27, 2014. On that day, four private insurers will begin offering policies through …
Dec 23, 2013
Florida’s Citizens Property Insurance Corporation (“Citizens”) is seeking proposals from multiple vendors capable of providing independent adjusting services. Vendors’ independent adjusters will be required to perform full adjustment services using Citizens’ Managed Claims Model as the primary service provided. …
Dec 12, 2013
In a news release issued today, December 12, 2013, Citizens Property Insurance Corporation’s (“Citizens”) Chairman Chris Gardner noted the State-run insurer’s efforts to settle pending sinkhole claims by providing incentives for homeowners to have recommended repair work completed quickly. …
Dec 10, 2013
Florida Governor Rick Scott and members of the Florida Cabinet issued congratulatory statements to Bruce Meeks, whom they approved as Florida’s first-ever Inspector General of Citizens Property Insurance Corporation at a Cabinet meeting today, December 10, 2013, Mr. Meeks, …
Nov 14, 2013
Florida’s Citizens Property Insurance Corporation (“Citizens”) Claims Committee (“Committee”) met via teleconference today, November 14, 2013. As part of the agenda, Citizens’ Vice President of Claims Jay Adams presented the key performance indicators for the third quarter. The first …