Category: Citizens Property Insurance Corporation
Sep 11, 2014
A review released by Florida’s Citizens Property Insurance Corporation’s (“Citizens”) Inspector General today, September 11, 2014, found that three of Citizens’ senior management employees did not violate State ethics laws or company policy following their separation from Citizens to …
Sep 10, 2014
Florida’s Citizens’ Property Insurance Corporation (“Citizens) Consumer Services Committee (“CSC”) met today, September 10, 2014, during which members reviewed Citizens’ social media use, along with its public outreach and education efforts. The CSC also heard updates on Citizens’ Clearinghouse …
Sep 10, 2014
Florida’s Citizens Property Insurance Corporation (“Citizens”) Claims Committee (“Committee”) met on September 8, 2014 to review the status of claims-related litigation and act on various vendor-related agenda items, including the extension of Citizens’ existing independent adjuster contract. To access …
Sep 5, 2014
The Florida Office of Insurance Regulation (“OIR”) has established the 2015 rates for Citizens Property Insurance Corporation (“Citizens”), the State-run property insurer. Pursuant to the OIR Order issued today, September 5, 2014, the statewide average homeowners rate will decrease …
Sep 2, 2014
Florida Citizens Property Insurance Corporation (“Citizens”) policyholders with multi-peril homeowners (HO-3) policies approaching renewal will now have these policies shopped through Citizens’ Property Insurance Clearinghouse (“Clearinghouse”) to help them find comparable private-market homeowners’ coverage at rates equal to or …
Aug 27, 2014
The Florida Office of Insurance Regulation (“OIR”) held a public rate hearing for Citizens Property Insurance Corporation (“Citizens”) today, August 27, 2014. Florida’s Insurance Commissioner Kevin McCarty conducted the hearing on behalf of the OIR, while Citizens’ President and …
Aug 27, 2014
As the Florida Office of Insurance Regulation (“OIR”) began its rate hearing on Citizens Property Insurance Corporation (“Citizens”) in Tallahassee this morning, August 27, 2014, the State-run insurer released a copy of prepared remarks and slides delivered by its …
Aug 21, 2014
On Wednesday, August 27, 2014 at 10:00 a.m., the Florida Office of Insurance Regulation (“OIR”) will conduct a public hearing to discuss Florida’s Citizens Property Insurance Corporation’s (“Citizens”) proposed rate changes for its business in the multi-peril and wind-only …
Aug 20, 2014
Florida’s Citizens Property Insurance Corporation (“Citizens”) Market Accountability Advisory Committee (“MAAC”) met via teleconference on August 18, 2014. To view the agenda, click here. Taken up first by the MAAC was an action item adding premium finance company violations …
Jul 29, 2014
After finalizing a similar agreement with another law firm approximately two weeks ago involving 300 policyholders, Citizens Property Insurance Corporation (“Citizens”) announced today, July 29, 2014, that it has made settlement offers to 600 additional Citizens sinkhole policyholders who …