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Data from Citizens, the state-chartered property insurer of last resort for homeowners who can’t find coverage in Florida’s shaky home insurance market, show the company dropped 2,267 policies ...
In the first meetings of officials from the state’s largest insurer' since back-to-back hurricanes raked Florida, Citizens Property Insurance Corp. acknowledged data showing half of last year ...
Florida is grappling with an insurance crisis, as costs nearly triple the national average. Citizens is shedding thousands of policyholders. How could that affect your insurance?
The Florida Insurance Guaranty Association board met on March 31 and filed for an emergency assessment of 1% on all Florida property insurance policies. [32] That is in addition to a 0.7% for 2022, a 1.3% assessment from July 1 2022 to June 30 2023, and another 0.7% ending December 31 2023. [32]
State regulators have approved proposals by two property insurers to take as many as 26,000 policies from the state-backed Citizens Property Insurance Corp., Florida’s largest home insurer ...
The Orange Insurance Exchange is the newest kid on the block in Florida. The property and casualty insurance company was approved to begin writing insurance in the state on Sept. 1 but won’t ...
The Citizens Property Insurance Corporation, a state-established insurance nonprofit company, has a $100 million annual legal defense fund and 20,000 open lawsuits pending, reports III.
TALLAHASSEE — While saying Florida’s insurance market is improving, the Citizens Property Insurance Corp. Board of Governors on Wednesday backed a proposal that would lead to customers across ...
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