The Florida Office of Insurance Regulation (OIR) has approved a total of 97,390 policies for December take-outs from Citizens Property Insurance Corporation by the following companies. December 20, 2016 Personal Residential Take-Out Period (total of 95,465): Avatar Property & Casualty …
The Florida Office of Insurance Regulation (OIR) has approved the removal of up to 65,000 personal residential policies and 1,500 commercial residential polices from Citizens Property Insurance Corp. The following two companies have been approved to participate: Anchor Property & …
The Florida Office of Insurance Regulation (OIR) has approved the removal of up to 70,000 personal residential policies and 1,500 commercial residential polices from Citizens Property Insurance Corporation (Citizens). The following two companies have been approved to participate: Heritage Property …
The Florida Office of Insurance Regulation (OIR) has approved the removal of up to 127,266 personal residential policies and 3,268 commercial residential/non-residential polices from Citizens Property Insurance Corporation. The announcement represents the first take-out for 2016 and the following five …
Citizens Property Insurance Corporation’s top executive warned the company’s Board of Governors Wednesday that water loss claims will continue to hamper efforts to reduce rates for many Florida policyholders. “In claims the critical issue that has surfaced in the past …
If Florida’s insurance industry was looking for any certainty about the results of the looming governor’s race between Governor Rick Scott and former Governor Charlie Crist, they didn’t find it after last week’s gubernatorial debate, which almost did not happen …
Florida’s state-backed property insurer has opted to put the brakes on its plan to loan private insurers up to $350 million in surplus in order to address a growing wave of criticism from lawmakers, elected officials, and consumer groups. Citizens …
Private companies and investors say they are willing to remove thousands of policyholders from Florida’s state- backed homeowners market if they can get officials to give them millions of dollars in loans. At a Citizens Property Insurance Corp. Depopulation Committee …
Maintaining there is no disagreement on the objectives of Florida’s state-backed property insurer, Citizens Property and Insurance Corp. President Barry Gilway says he hopes the insurer will reduce its policyholder rolls by 500,000 over the next three years while moving …
