Florida House of Representatives Insurance and Banking Subcommittee Chairman Bryan Nelson and Florida Office of Insurance Regulation General Counsel Belinda Miller will be part of the agenda for Citizens Property...
Category: Citizens Property Insurance Corporation
Citizens Property Insurance Corporation’s (“Citizens”) Board of Governors (“Board”) met via teleconference today, May 8, 2012, to discuss Citizens’ purchase of reinsurance for the...
Citizens Property Insurance Corporation Board of Governors Meeting Report: April 26, 2012
The Citizens Property Insurance Corporation (“Citizens”) Board of Governors (“Board”) met yesterday, April 26, 2012, during which it postponed a controversial measure to eliminate a 10 percent...
Florida’s Citizens Property Insurance Board Votes to Postpone Rate Cap Elimination Pending Further Actuarial Study
At its meeting today, April 26, 2012, Citizens Property Insurance Corporation’s Board of Directors postponed a measure to eliminate a 10 percent cap on rate increases for new customers beginning January 1,...
Citizens Property Insurance Corporation April 2012 Meeting Reports: Actuarial and Underwriting Committee, Claims Committee
Citizens Property Insurance Corporation’s (“Citizens”) Actuarial and Underwriting Committee, as well as its Claims Committee met recently. Following are summaries of each meeting: ...
Citizens Property Insurance Corporation April 2012 Meeting Reports: Audit Commitee, Information Systems Advisory Committee
Citizens Property Insurance Corporation’s (“Citizens”) Audit Committee, as well as its Information Systems Advisory Committee met recently. Following are summaries of each meeting: Audit...
At its meeting today, March 5, 2012, the Citizens Property Insurance Corporation (“Citizens”) Board of Governors (“Board”) unanimously appointed Florida’s current Financial Regulation...
Citizens Property Insurance Corporation Board of Governors examines short-term rentals, eliminates ceding commissions
Condominium owners who live in upscale buildings where more than 25 percent of the units are short-term rentals may face significant insurance rate hikes under a change approved today, February 23, 2012, by Citizens...
Citizens Property Insurance Depopulation Committee Recommends Elimination of Ceding Commissions Retroactive to Fourth Quarter 2011
With its members in agreement that everything possible must be done to promote depopulation, Citizens Property Insurance Corporation (“Citizens”) Depopulation Committee (“Committee”) voted at...
Citizens Property Insurance Information Systems Advisory Committee and Claims Committee provide summaries, updates
During a February 8, 2012 meeting of Citizens Property Insurance Corporation’s (“Citizens”) Information System Advisory Committee (“ISAC”), updates were given on an array of...