Category: Citizens Property Insurance Corporation
Jul 27, 2011
Citizens Property Insurance Corporation (“Citizens”) Board of Governors (“Board”) voted today, July 27, 2011, to file 2012 rate indications with the Florida Office of Insurance Regulation (“OIR”), thereby approving rate increases that would raise sinkhole premiums by thousands of …
Jul 26, 2011
The Citizens Property Insurance Corporation (“Citizens”) Actuarial and Underwriting Committee (“Committee”) voted today, July 26, 2011, to recommend to the Citizens Board of Governors (“Board”) that Citizens’ 2012 rate indications be filed with the Florida Office of Insurance Regulation …
Jul 13, 2011
Citizens Property Insurance Corporation (“Citizens”) Board of Governors (“Board”) met today, July 13, 2011, to hear operational updates from several Citizens committees and approve numerous consent agenda items related to technical services. To view the agenda and meeting materials, …
Jul 12, 2011
Citizens Property Insurance Corporation (“Citizens’) Actuarial and Underwriting Committee (“Committee”) met on June 30, 2011 to hear updates pertaining to personal lines and commercial policy issues. To view the agenda and meeting materials, click here. Citizens Chief Insurance …
Jul 1, 2011
Citizens Property Insurance Corporation (“Citizens”) Claims Committee (“Committee”) met via teleconference yesterday, June 30, 2011, to review two consent agenda items and hear updates on other matters pertinent to Citizens’ operations. To view the agenda and meeting materials, click …
Jun 30, 2011
Citizens Property Insurance Corporation (“Citizens”) Board of Governors (“Board”) met via teleconference yesterday, June 29, 2011, to discuss pre-event bond pricing for the 2011 Hurricane Season and consider a proposal to replace the State-run company’s aging policy management, billing …
Jun 24, 2011
Citizens Property Insurance Corporation (“Citizens”) Information Systems Advisory Committee (“Committee”) met via teleconference today, June 24, 2011, to consider a proposal to replace the current policy management, billing and claims systems with a new system manufactured by Guidewire Software, …
May 11, 2011
At its meeting today, May 11, 2011, Citizens Property Insurance Corporation Board of Governors (“Board”) authorized the purchase of approximately $400 million in private reinsurance to cover its High-Risk Account (“HRA”) for personal residential and commercial residential lines (“PLA/CLA”) …
Apr 1, 2011
The Citizens Property Insurance Corporation (“Citizens”) Market Accountability Advisory Committee (“Committee”) met on March 29, 2011. To view the meeting materials, click here. Update on Process for Insolvent Insurers/Re-Submissions Following Committee approval of the prior meeting’s minutes, Joe Bouthillier, …
Apr 1, 2011
The Citizens Property Insurance Corporation (“Citizens”) Board of Governors (“Board”) met on March 30, 2011 to review annual financial information, hear Committee updates and approve numerous consent agenda items, including the approval of multiple contracts for sinkhole and geotechnical …