Category: Citizens Property Insurance Corporation

  The Florida Office of Insurance Regulation (“OIR”) announced today, August 11, 2016, that it will conduct a rate hearing in Tallahassee on August 18 at 9 a.m. (ET) to receive public comment on Citizens Property Insurance Corporation’s (“Citizens’”) proposed …

  As required by Senate Bill 1770 enacted in 2013, Florida’s Citizens Property Insurance Corporation (“Citizens”) advised its agents today, July 27, 2016, that it will decrease allowable maximum policy coverage limits effective January 1, 2017 for new and renewal …

  A contested competitive solicitation for Florida’s Citizens Property Insurance Corporation’s (“Citizens’”) Water Mitigation Estimate Review Program (“Program”) was ultimately approved unanimously by the State-run insurer’s Board of Governors this morning, July 19, 2016. With an estimated annual expenditure of …

  Florida’s Citizens Property Insurance Corporation (“Citizens”) advised that it is reinstating the performance standards and disciplinary process for binding violations that are issued on new-business applications submitted on or after July 1, 2016. In accordance with Citizens’ Agent Appointment Agreement, …

  At a meeting in Maitland Florida today, June 22, 2016, Citizens Property Insurance Corporation’s (“Citizens”) Board of Governors (“Board”) approved recommended rates for 2017, describing them as ” . . . responsive to rising non-weather water losses and assignment …

  Pending approval today by its Actuarial and Underwriting Committee, Florida’s Citizens Property Insurance Corporation’s  (“Citizens”) Board of Governors (“Board) will be asked to approve a 2017 rate package that reflects the impact of non-weather related water loss claims in …

  A proposed average statewide premium increase of 6.8 percent will be the focus of Florida’s Citizens Property Insurance Corporation’s (“Citizens”) Actuarial and Underwriting Committee meeting tomorrow, June 21, 2016.  The meeting, which is scheduled to begin at 6:30 p.m. …

  Florida’s Citizens Property Insurance Corporation’s (“Citizens”) Claims Committee meets via teleconference tomorrow, June 16, 2016, from 10 a.m. to 11:30 p.m. (ET) to review and approve a proposed contract for post-catastrophe imagery as part of its overall agenda.  The …

  Florida’s Citizens Property Insurance Corporation’s (“Citizens”) Consumer Services Committee meets tomorrow, June 9, 2016, to review various Citizens programs introduced earlier this year, including water loss mitigation efforts, consumer notifications about Citizens’ recent policy changes and self-service telephone payments, …

  Florida’s Citizens Property Insurance President and CEO Barry Gilway sent the following letter addressing upcoming policy changes that may affect policyholders in a news release today, May 27, 2016:   Citizens CEO: Policy contract policy changes, Citizens’ commitment does …