Florida’s Citizens Property Insurance Publishes Details on Plaintiffs, AOB Firms’ Litigation Activities
Sep 22, 2016
Water damage property loss trends have far from stabilized in Florida, it was reported at Citizens Property Insurance Corporation’s (“Citizens”) Consumer Services Committee (“Committee”) meeting this week on September 15, 2016.
Collectively for all carriers, overall claims-related lawsuits filed in Miami-Dade County as of July 2016 far exceeded those of any other Florida county, with Broward, Palm Beach and Hillsborough coming in a distant second.
Citizens released a heavily detailed report on water damage claims statistics at the meeting, with startling specifics on plaintiffs’ firms, assignment of benefits contractors and loss trends across Florida.
To view the report, click here.
In addition to an update on Citizens activity with Hurricane Hermine claims, the Committee heard a report on the “Call Citizens First” campaign, which seeks to educate various audiences on the impact of increased assignment of benefits abuses and rising water losses, while encouraging Citizens policyholders and agents to make Citizens their first call if they have a potential claim. To view the “Call Citizens First” summary and materials, click on the hyperlinks below.
- Executive Summary Call Citizens First Update
- Call Citizens First Information Card
- Policy Changes Reminder Postcard_English and Spanish
- Website Screenshot
Additional Citizens committees will meet on September 27, with Citizens’ Board of Governors scheduled to meet the following day. To access meeting materials, click on the hyperlinks below:
- Actuarial and Underwriting Committee
- Audit Committee
- Depopulation Committee
- Finance and Investment Committee
- Market Accountability Advisory Committee
- Board of Governors
Should you have any questions or comments, please contact Colodny Fass.
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