Category: Citizens Property Insurance Corporation

Senate Bill 2860 provides, among other things, that an insurer will be required to give insureds at least 180 days written notice prior to the effective date of a nonrenewal, cancellation or termination of a policy for a covering a …

In implementing an Order issued by Florida Insurance Commissioner Kevin McCarty on March 11, 2008 concerning Citizens Property Insurance Corporation’s (“Citizens”) Depopulation Plans, Citizens set forth, among other requirements, that policyholders must be notified when their policy has been selected …

Recently, Citizens Property Insurance Corporation (“Citizens”) held a Board of Governors (“Board”) meeting. To view the complete agenda, click here. The meeting was called to order by Chairman Bruce Douglas, with a quorum of Board members in attendance. Also in …

Recently, Citizens Property Insurance Corporation (“Citizens”) held an Audit Committee (“Committee”) meeting to receive updates from Citizens’ Office of the Internal Auditor (“OIA”) that included the Financial Statement Audit. To view the complete agenda, click here. The meeting was called …

Recently, Citizens Property Insurance Corporation (“Citizens”) Finance and Investment Committee (“Committee”) held a meeting to discuss investment reports and receive an update on liquidity financing. To view the complete agenda, click here. The meeting was called to order by Chairman …

On Wednesday, April 30, 2008, the Citizens Property Insurance Corporation (“Citizens”) Consumer Services Committee (“Committee”) held a meeting. To view the complete meeting agenda, which included an update from Citizens’ Consumer Communications Department (“Department”), click here. The meeting was called …

On Monday, April 28, 2008, Citizens Property Insurance Corporation (“Citizens”) held a Board of Governors (“Board”) meeting to discuss reinsurance for the 2008 hurricane season.  To view the complete agenda, click here. The meeting was called to order by Chairman …

Citizens Property Insurance Corporation (“Citizens”) held an Actuarial and Underwriting Committee (“Committee”) meeting on Thursday, April 10, 2008. The discussion included a proposed 30-day waiting period for personal residential policy applications, rating algorithms, and updates on Citizens’ Consumer Services Department. …

Citizens Property Insurance Corporation (“Citizens”) has released updated assumption calendars in connection with the personal lines and commercial residential takeout programs. The revised calendars do not reflect any new deadlines, but provide additional information on the recently promulgated procedures relating …

On March 31, 2008, Citizens Property Insurance Corporation (“Citizens”) issued a statement concerning new procedures to be followed as a result of Florida Insurance Commissioner Kevin McCarty’s March 11, 2008 Order regarding Citizens’ depopulation programs. In that statement, Citizens stated …