Category: Citizens Property Insurance Corporation

  Insurers currently collecting a 2007 Emergency Assessment levied on assessable Florida policies to cover a deficit in Citizens Property Insurance Corporation’s High-Risk Account (now known as the “Coastal Account”) for the 2005 Plan Year must cease collection by July …

    Florida’s Citizens Property Insurance Corporation advised today, February 18, 2015, that it has returned nearly $310,000 in refunds directly to affected policyholders in 2014 as part of efforts that recovered claims payments of $4.9 million by pursuing reimbursement …

  Florida’s Citizens Property Insurance Corporation (“Citizens”) Board of Governors (“Board”) met via teleconference today, February 6, 2015, during which a commercial real estate lease contract was approved for the purpose of consolidating the State-run insurer’s information technology and other …

  Florida’s Citizens Property Insurance Corporation (“Citizens”) Board of Governors (“Board”) met in Winter Park, Florida today, December 10, 2014.    To view the meeting materials, click here. In his report, Board Chairman Chris Gardiner said that Citizens has had …

  Among other changes to be made in response to recent consumer concerns over its Depopulation Program, Florida’s Citizens Property Insurance Corporation (“Citizens”) will establish a consumer-oriented Depopulation Working Group, as well as require takeout insurers to provide premium estimates …

  Two Florida Citizens Property Insurance Corporation (“Citizens”) Committees met this week.  Following are summaries of the Information Systems Advisory Committee (“ISAC”), which met via teleconference on December 2, 2014, and the Consumer Services Committee (“CSC”), which met December 3. …

  The Florida Office of Insurance Regulation (“OIR”) announced today, October 1, 2014, that it has approved the removal of up to 211,080 personal residential policies and 4,408 commercial residential and non-residential polices from Citizens Property Insurance Corporation (“Citizens”) as …

  Florida’s Citizens Property Insurance Corporation (“Citizens”) Board of Governors (“Board”) met on September 24, 2014, preceeded by five Citizens committees on September 23–all of which convened in Winter Park, Florida.   During the Chairman’s report at the Board meeting, …

  Assessments to Florida property insurance policyholders used for debt service following the devastating 2004-2005 hurricane seasons will end two years early under a recommendation approved by Citizens Property Insurance Corporation’s (“Citizens’”) Board of Governors at its meeting in Winter …

  The Florida Office of Insurance Regulation (“OIR”) announced today, September 19, 2014 that it has established the 2015 commercial residential and non-residential rates for Citizens Property Insurance Corporation (“Citizens”), Florida’s largest property insurer.  Overall, statewide average commercial rates will …