Florida’s Citizens Property Insurance Corporation (“Citizens”) advised insurers in its Depopulation Program today, June 6, 2013, that for renewals June 1 or later, it has implemented a mandatory 10...
Category: Citizens Property Insurance Corporation
Florida’s Citizens Property Insurance Depopulation Committee Reviews Progress, Surplus Notes Program Analyses
Because of its aggressive depopulation efforts, the outlook for Citizens Property Insurance Corporation (“Citizens”) is “very bright” and “very positive” compared with what its...
The Citizens Property Insurance Corporation (“Citizens”) Depopulation Committee (“Committee”) met today, May 29, 2013, during which Citizens’ Chief Financial Officer Sharon Binnun advised...
CS/SB 1770, which provides for various reforms of Florida’s Citizens Property Insurance Corporation (“Citizens”), was signed into law by Florida Governor Rick Scott today, May 29, 2013. ...
Final Report on Citizens Property Insurance Corporate Integrity Office Disbanding Published Today
The final report from Florida’s Inspector General on Citizens Property Insurance Corporation’s (“Citizens”) decision to disband its Office of Corporate Integrity in late 2012 was released by the...
Florida Senator Wilton Simpson will host all-day Citizens Property Insurance Corporation (“Citizens”) Policyholder Forums on May 20 and 21, 2013, from 9:00 a.m. to 5:00 p.m. at the Pasco Hernando Community...
An investigation of Citizens Property Insurance Corporation (“Citizens”) ordered by Florida Governor Rick Scott in November 2012 determined that the disbanding of Citizens’ Office of Corporate...
In an Order signed May 1, 2013, the Florida Office of Insurance Regulation (“OIR”) approved Weston Insurance Company (“Weston”) to remove up to 7,615 wind-only policies (435 commercial, 7,180...
Florida Citizens Property Insurance Announces Appointment of Juan Cocuy to Board of Governors
Citizens Property Insurance Corporation (“Citizens”) announced today, April 4, 2013, that Juan Cocuy has been appointed to its Board of Governors by Florida Chief Financial Officer Jeff Atwater. Mr. Cocuy,...
Citizens Property Insurance Corporation (“Citizens”) President and CEO Barry Gilway was confirmed in his position by the Florida Senate Committee on Ethics and Elections today, April 1, 2013. Although...