Citizens Property Insurance Corp. in Florida says teams of adjusters are preparing to assess damage caused Tropical Storm Isaac. In a statement issued Sunday, Citizens Board Chairman Carlos A. Lacasa says the mobile units will be ready to move quickly …
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 …
Florida’s state-backed homeowners insurer has reached into the private sector for its new president, selecting an experienced insurance executive and consultant. The Citizens Property Insurance Corp. board of governors yesterday unanimously selected Barry J. Gilway as president to lead the …
When the question is how to shrink Florida’s state-backed home insurer, answers from insurance agents, insurer executives, state lawmakers, and others come down to increasing rates and shifting more policies to the private market. Citizens Property Insurance Corp. held a …
Don Glisson, Jr., chairman and CEO of Triad Financial Services, Jacksonville, Florida, has been appointed to serve as a member of the board of governors of the state-backed Citizens Property Insurance Corp. Florida Chief Financial Officer Jeff Atwater announced the …
The governing board for Florida’s state-backed Citizens Property Insurance Corp. has at least temporarily backed off a proposal to begin charging rates for new business next year at rates higher than allowed by law. Although existing Citizens policyholders are protected …
Florida lawmakers have put taxpayers at risk by not reforming the Florida Hurricane Catastrophe Fund or Citizen’s Property Insurance Corp. in advance of the 2012 hurricane season, an insurance executive has warned. Bradley Kading, president and executive director of the …
The man who is leaving his post as chief executive officer of Florida’s state-backed Citizens Property Insurance Corp. is joining one of the state’s private homeowners insurers. Homeowners Choice Inc. announced that Scott R. Wallace, departing CEO of Citizens, has …
Arkansas-based surplus lines broker Argenia has created a new Florida program designed to cover the reduction of coverage under Citizens Property Insurance Corp. homeowners policies. The program provides high enough liability limits to write an excess/umbrella policy with minimum premiums …
