Citizens Again Taps Capital Market for Risk Transfer Citizens Property Insurance Corporation (“Citizens”) announced today, March 29, 2013, that it has closed on a $250 million, three-year capital market risk...
Category: Citizens Property Insurance Corporation
Florida’s Citizens Property Insurance Reinstates Limited Coverages for Sinkhole, Mobile Homes, Builders’ Risk
At its meeting last Friday, March 22, 2013, Florida’s Citizens Property Insurance Corporation (“Citizens”) Board of Governors (“Board”) approved a slate of coverage changes to benefit...
Citizens Property Insurance Launches Web-Based Calculator for Potential Storm Assessments
Citizens Property Insurance Corporation (“Citizens”) announced today, March 25, 2013, that it has released a Web-based True Cost Calculator that is designed to illustrate how assessments in the wake of a...
At its meeting today, March 22, 2013, Citizens Property Insurance Corporation (“Citizens”) Board of Governors (“Board”) announced a new employee travel policy, modified its qualifications for...
At its meeting on March 21, 2013, Citizens Property Insurance Corporation (“Citizens”) Market Accountability Advisory Committee (“Committee”) heard a variety of updates, including specifics on...
Florida Citizens Property Insurance Depopulation, Reinsurance Efforts Reduced Risk By 42 Percent in 2012, Board Told
Echoing statements made by Citizens Property Insurance Corporation (“Citizens”) President and CEO Barry Gilway to the Florida Cabinet earlier this week, Citizens’ Chief Financial Officer Sharon Binnun told...
Florida Citizens Property Insurance Ethics Program, Fee Bills Get Satisfactory Audits; Forensic Audit Program Introduced
Audit results of various internal Citizens Property Insurance Corporation (“Citizens”) programs were reviewed during a lengthy meeting of Citizens’ Audit Committee (“Committee”) yesterday,...
Citizens Property Insurance CEO Updates Florida Cabinet On Progress; Governor Requests Follow-Up Policyholder Survey
During the Florida Cabinet meeting today, March 19, 2013, Florida Governor Rick Scott asked Citizens Property Insurance Corporation (“Citizens”) President and CEO Barry Gilway to follow up on educational...
Florida’s Citizens Property Insurance Board To Consider Major Change in Sinkhole Coverage Eligibility Rules
At its meeting this Friday, March 22, 2013, Citizens Property Insurance Corporation’s (“Citizens”) Board of Governors (“Board”) is scheduled to consider a major revision to its sinkhole...
Citizens Property Insurance President Barry Gilway to Present SB 408 Outsourcing Implementation Plan at March 19 Cabinet Meeting
At the Florida Cabinet meeting tomorrow, March 19, 2013, Citizens Property Insurance Corporation (“Citizens”) President and CEO Barry Gilway will present an outsourcing implementation plan developed in...