Above: Harold Knowles was appointed to Citizens’ Board of Governors by Florida Chief Financial Officer Alex Sink today. Florida Chief Financial Officer announced the appointment of Harold Knowles to...
Category: Citizens Property Insurance Corporation
Citizens Property Insurance Corporation Claims Committee Meeting Report: April 19, 2010
April 20, 2010
Reports on new statistical tracking tools and other strategies to expedite claims service performance, the identification of inconsistent or fraudulent claims and the enhancement of training for independent adjusters was the...
Citizens Property Insurance Corporation (“Citizens”) announced that it closed on a $2.4 billion dollar bond sale for its High-Risk Account on April 6, 2010. Citizens expects to have approximately $14...
Citizens Board of Governors Meeting Report: March 18, 2010
March 22, 2010
The Citizens Property Insurance Corporation (“Citizens”) Board of Governors (“Board”) met on March 18, 2010, during which it reviewed reports from various Citizens committees and acted upon their...
Test: Citizens Property Insurance Corporation Audit Committee Meeting Report: March 17
March 19, 2010
The Citizens Property Insurance Corporation (“Citizens”) Audit Committee (“Committee”) met on March 17, 2010 to receive updates from the Office of the Internal Auditor, Chief Financial Officer and an...
The Citizens Property Insurance Corporation (“Citizens”) Information Systems Advisory Committee (“Committee”) met on February 16, 2010. To view complete meeting materials, click here. A...
Citizens Actuarial and Underwriting Committee Reviews ‘Dramatic’ Mitigation Credit Inspection Pilot Program Results
February 20, 2010
The results of a pilot study designed to test the effectiveness of a full-scale wind mitigation credit re-inspection program were reported to Citizens Property Insurance Corporation (“Citizens”) Actuarial...
Citizens Claims Committee Reviews 2009 Statistics, 2010 Goals; Increase in Litigation Assignments Noted
January 29, 2010
The Citizens Property Insurance Corporation (“Citizens”) Claims Committee (“Committee”) met on January 27 via teleconference. Following is a summary of the meeting: Jay Adams, Citizens’...
Citizens Finance and Investment Committee, Board of Governors Meeting Report: January 25
January 29, 2010
The Citizens Property Insurance Corporation (“Citizens”) Finance and Investment Committee (“Committee”) met on Monday, January 25, 2010 to discuss Citizens’ 2010 pre-event liquidity...
Case Analysis: Fifth District Court of Appeal Holds That Florida’s Bad Faith Statute Does Not Apply To Citizens
January 27, 2010
In a December 18, 2009 opinion on Citizens Property Insurance Corp. v. Garfinkel, the Fifth District Court of Appeal held that, not only was Citizens Property Insurance Corporation (“Citizens”) immune from...