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Citizens Property Insurance Corporation (Citizens) was created in 2002 from the merger of two other entities to provide both windstorm coverage and general property insurance for home-owners who could not obtain insurance elsewhere. It was established by the Florida Legislature in Chapter 627.351 (6) Florida Statutes as a not-for-profit insurer ...
Cate Deventer. April 22, 2024 at 8:00 AM. In 2022, the Florida home insurance market spent months tumbling toward collapse, but legislation was put in place to help mitigate disaster. These laws ...
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 ...
These lawmakers from South Florida are proposing increasing the cap on the value of homes that state-run Citizens Property Insurance can cover in Monroe and Miami-Dade counties. The corporation ...
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.
Florida homeowners who hold Citizens Insurance policies will have more takeout options. Here are the insurance companies. These 7 Florida insurance companies OK'd for 168K Citizens takeout policies.
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