As part of his presentation at yesterday’s Florida Office of Insurance Regulation public hearing on rates filed by Citizens Property Insurance Corporation (“Citizens”), Citizens’ President and...
Assuming no further deterioration in Florida’s assignment of benefits crisis, Citizens Property Insurance Corporation’s (“Citizens'”), average Miami-Dade premiums would rise more than 30 percent...
Senator Flores Rips Citizens’ Rate Hike The Florida Senate’s Insurance Chairwoman blasted a Proposed Rate Hike up to 10 percent in South Florida by Citizens Property Insurance Corp. Wednesday and said she...
Sawgrass Mutual Signs Consent Order, New Home Sought For Customers Under an Order of Administrative Supervision, Regulators are “Working with Sawgrass Mutual Insurance Co. and interested Parties to develop a...
Demotech Issues Series of Florida Insurer Financial Stability Ratings Demotech’s philosophy is to Review and Evaluate Insurers based on their area of focus and execution of their business model rather than solely...
A Hurricane Andrew Repeat Would Cost $56 Billion In The US If Hurricane Andrew were to recur today the expected total industry insured losses, based on today’s exposures, would be approximately $56 Billion in the...
David Altmaier Focuses On “Assignment Of Benefits” Changes Florida Insurance Commissioner David Altmaier told Governor Rick Scott and the State Cabinet this week that his Office will continue to push...
Citizens’ Change OK’d, Leaving Insured With Tough Choices A water pipe breaks inside a wall of your house while you are at work, if you’re a Customer of Citizens Property Insurance Corp., you will...
Florida Insurance Commissioner David Altmaier announced today, August 16, 2017, that the Florida Office of Insurance Regulation has approved a form filing by Citizens Property Insurance Corporation to limit the...
Assignment of Benefits reform was the sole 2018 goal listed by Florida Insurance Commissioner David Altmaier when he presented his legislative agenda, along with an analysis of new Florida Office of Insurance...