Expressing concern that Citizens Property Insurance Corporation’s (“Citizens”) proposed Surplus Note Depopulation Program (“Program”) could be fully implemented before the Florida Legislature has...
Category: Citizens Property Insurance Corporation
Citizens Property Insurance Corporation (“Citizens”) advised today, October 5, 2012, that the opt-out timeframes for Commercial Policy Assumptions have been revised to 30-days pre-assumption and 30-days...
Florida Office of Insurance Regulation Approves Homeowners’ and Dwelling Fire Rate Increases for Citizens Property Insurance
October 2, 2012
The Florida Office of Insurance Regulation advised today, October 2, 2012, that it has issued an Order establishing homeowners’ and dwelling fire rate increases for Citizens Property Insurance Corporation...
In a September 28, 2012 letter to Citizens Property Insurance Corporation (“Citizens”) CEO Barry Gilway, State Representative Frank Artiles (R-119) warned there is likely to be “significant...
“Devastating,” “unfair” and “money-grubbing.” Those were some of the terms used during a September 20, 2012 public hearing in Miami to describe a proposed 2013 rate increase Citizens...
At a public rate hearing held today, September 20, 2012, Florida Insurance Consumer Advocate (“ICA”) Robin Westcott asked the Florida Office of Insurance Regulation to deny Citizens Property Insurance...
Florida Office of Insurance Regulation to Conduct Citizens Property Insurance Public Rate Hearing In Miami Tomorrow, September 20
September 19, 2012
The Florida Office of Insurance Regulation (“OIR”) will conduct a public rate hearing tomorrow, September 20, 2012, to discuss Citizens Property Insurance Corporation’s...
Citizens Property Insurance Non-Bonus Assumption To Continue As Planned November 6, 2012
September 13, 2012
Citizens Property Insurance Corporation (“Citizens”) issued the following advisory yesterday, September 12, 2012: This message is to advise interested parties that the Citizens Non-Bonus assumption...
Florida’s Citizens Property Insurance Moves Forward with Surplus Notes Depopulation Program; CEO Barry Gilway Cuts Back Corporate Travel Allowances
September 7, 2012
At its meeting today, September 7, 2012, Citizens Property Insurance Corporation (“Citizens”) Board of Governors (“Board”) agreed to move forward with a Surplus Notes Depopulation Program...
Citizens Property Insurance Board of Governors Preliminarily Approves Surplus Note Depopulation Program
September 7, 2012
At its meeting today, September 7, 2012, Citizens Property Insurance Corporation (“Citizens”) Board of Governors “Board” preliminarily approved the Surplus Note Depopulation Program...