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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 ...
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 ...
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?
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Citizens has asked Florida Office of Insurance Regulation to approve an overall 13.3% premium increase. Citizens property insurer customer count swells, although it’s state insurer of last ...
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 ...
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