Category: Citizens Property Insurance Corporation

At its meeting scheduled for Wednesday, September 27, 2017, Florida’s Citizens Property Insurance Corporation (“Citizens”) Board of Governors (“Board”) will consider whether to call several bonds before their maturity date–a move estimated to save the State-run insurer over $9 million …

Amid Hurricane Irma recovery efforts, Florida’s Citizens Property Insurance Corporation’s (“Citizens’”) Board of Governors (“Board”) will still convene on September 27, 2017 at 9 a.m. (ET)–but now by conference call instead. Committee meetings and an in-person meeting of the nine-member Board …

With Florida’s Citizens Property Insurance Corporation (“Citizens”) personnel deployed for post-Hurricane Irma activities, the State-run insurer’s Consumer Services Committee meeting scheduled for today, September 14, 2017, has been canceled.  The Committee had been scheduled to hear an update on Citizens’ …

With Florida having declared a State of Emergency in all 67 counties as Hurricane Irma advances, Citizens Property Insurance Corporation (“Citizens”) has called an emergency meeting of its Board of Governors (“Board”) tomorrow, September 6, 2017. The Board meeting has …

With Florida having declared a State of Emergency in all 67 counties as Hurricane Irma advances, Citizens Property Insurance Corporation (“Citizens”) has called an emergency meeting of its Board of Governors (“Board”) tomorrow, September 6, 2017. The Board meeting has …

  As part of his presentation at yesterday’s Florida Office of Insurance Regulation public hearing on rates filed by Citizens Property Insurance Corporation (“Citizens”), Citizens’ President and CEO Barry Gilway noted a study on hurricane risk exposure recently completed by the …

  Assuming no further deterioration in Florida’s assignment of benefits crisis, Citizens Property Insurance Corporation’s (“Citizens’”), average Miami-Dade premiums would rise more than 30 percent during the next four years, Citizens President and CEO Barry Gilway explained yesterday, August 23, …

  Florida Insurance Commissioner David Altmaier announced today, August 16, 2017, that the Florida Office of Insurance Regulation has approved a form filing by Citizens Property Insurance Corporation to limit the accidental discharge and seepage of water damage claims to …

  Florida’s Citizens Property Insurance Corporation (“Citizens”) has requested statewide average rate changes for its business in the Coastal Account (“CA”), Commercial Lines Account (“CLA”), and Personal Lines Account (“PLA”).  The proposed rates were approved by Citizens’ Board of Governors …

  At its meeting in Maitland, Florida today, June 20, 2017, Citizens Property Insurance Corporation’s (“Citizens’”) Board of Governors (“Board”) approved recommended rates and policy changes for 2018 that reflect what the State-run insurer describes as “rising non-weather water losses, …