Category: Citizens Property Insurance Corporation
Oct 22, 2012
During a brief press conference held today, October 22, 2012, two watchdog groups jointly called for Florida Governor Rick Scott to “rein in” Citizens Property Insurance Corporation (“Citizens”) in the wake of the state-run insurer dismantling its Office of …
Oct 19, 2012
Florida’s Citizens Property Insurance Corporation (“Citizens”) Board of Governors (“Board”) voted today, October 19, 2012, to spend an estimated $400,000 on two outside financial consultants to evaluate the proposed Surplus Notes Depopulation Program (“Program”), which is intended to reduce Citizens’ …
Oct 19, 2012
Florida’s Citizens Property Insurance Corporation (“Citizens”) Board of Governors (“Board”) is scheduled to meet at 1:00 p.m. via conference call today, October 19, 2012. Board members will consider an Emergency Procurement for two outside advisors to conduct a comprehensive …
Florida Office of Insurance Regulation Approves Up to 100,000 Citizens Policies for December Takeout
Oct 18, 2012
The Florida Office of Insurance Regulation (“OIR”) announced today, October 18, 2012, that it has approved the removal of up to 100,000 policies from Citizens Property Insurance Corporation (“Citizens”) by two Florida domestic insurance companies beginning December 4. American …
Oct 11, 2012
A Citizens Property Insurance Corporation Depopulation Committee meeting scheduled for October 15, 2012, has been canceled to allow additional time for third-party advisors to review Citizens’ proposed Surplus Notes Program (“Program”). The Depopulation Committee met October 9 to discuss …
Oct 9, 2012
The Citizens Property Insurance Corporation (“Citizens”) Depopulation Committee (“Committee”) met today, October 9, 2012, in Orlando. The main purpose of the meeting was to review Citizens’ proposed Surplus Notes Program (“Program”) and receive public testimony on it. Committee Chairman …
Oct 9, 2012
The Depopulation Committee (“Committee”) of Citizens Property Insurance Corporation (“Citizens”) is meeting today, Tuesday, October 9, 2012 in Orlando, Florida. The Committee is discussing the Surplus Notes Program (“Program”). In a statement to the Committee members, Citizens President and …
Oct 8, 2012
The News Service of Florida reported this evening, October 8, 2012, that Citizens Property Insurance Corporation (“Citizens”) Chairman Carlos Lacasa has called for an outside evaluation of Citizens’ proposed Surplus Notes Depopulation Program. Citizens’ Depopulation Committee meets in Orlando tomorrow …
Oct 8, 2012
Following a 45-day deliberative review process that included a September 20, 2012 public hearing, the Florida Office of Insurance Regulation (“OIR”) issued an Order today, October 8, 2012, establishing mobile home rates for Citizens Property Insurance Corporation (“Citizens”). To …
Oct 8, 2012
Citizens Property Insurance Corporation’s (“Citizens”) Depopulation Committee is scheduled to meet in Orlando tomorrow, October 9, 2012. To view the agenda, click here. The day-long meeting begins at 9:00 a.m. at the Peabody Hotel. The agenda will include a …