Florida’s largest property insurer may be dropping its rates next year. Citizens Property Insurance is considering rate proposals for 2015 that would lower rates by about 3.2 percent for most homeowners. The state-created insurer says the proposal would apply to …
Homeowners seeking coverage from Citizens Property Insurance could wind up getting policies from unregulated out-of-state insurers. The Florida Senate on Friday voted 22-16 for a property insurance bill that could result in homeowners seeking coverage from Citizens to be shifted …
Insurance Commissioner Jim Donelon says nearly 234,000 people covered by the state’s insurer of last resort are getting $40 refund checks – and many are calling to find out if it’s for real. The money is for application fees charged …
Florida’s largest insurer is launching a new program to shift policies over to other companies. The state-created Citizens Property Insurance on Monday will start requiring new customers to use a property insurance clearinghouse. The program requires insurance agents to look …
East Baton Rouge Parish homeowners who buy coverage from Louisiana Citizens Property Insurance Corp. would see rates increase an average of 9.9 percent while wind-only policies would jump by 17.1 percent under a proposed rate filing. Statewide, Citizens personal lines, …
Insurance Commissioner Jim Donelon says fewer homeowners and businesses have property insurance through the state-run insurer of last resort. Donelon announced Wednesday that Louisiana Citizens Property Insurance Corp. has 93,000 policies, nearly all of them for homeowners. The number represents …
The Florida Senate is pushing ahead with a fix to the state’s largest property insurer despite criticism that it will hurt some consumers. The Senate on Thursday voted 24-15 in favor of the bill that aims to shrink the size …
Executives from the state-backed Citizens Property Insurance Corp. announced Friday they are making changes with a goal of ensuring homeowners receive storm mitigation credits for qualified homes. Board Chairman Carlos LaCasa said the new measures are designed to provide some …
There could be many ways to kick off hurricane season in Florida. You could spend it drawing up your emergency plans, or even stocking up on batteries and flashlights. But a large crowd gathered in a Tampa hotel on Friday …