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  2. Citizens Property Insurance Corporation - Wikipedia

    en.wikipedia.org/wiki/Citizens_Property...

    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 ...

  3. Is Florida Finally Fixing Its Broken Homeowners Insurance Market?

    www.aol.com/news/florida-finally-fixing-broken...

    Its geography makes Florida, a low-lying peninsula jutting out into hurricane-prone waters, a hard place to insure under any circumstances. Of the $165 billion in natural disaster–caused damage ...

  4. Citizens Property Insurance board OKs double-digit rate ... - AOL

    www.aol.com/citizens-property-insurance-board...

    The proposal, in part, would lead to an average 13.5 percent rate increase for the most-common type of Citizens policy, known as homeowners’ “multi-peril” coverage. Condominium-unit owners ...

  5. Citizens drops insurance policies as cost of Florida home ...

    www.aol.com/news/citizens-insurance-drops...

    Amid a statewide home-insurance crisis that has seen private insurance companies fail, cancel or stop writing policies, the number of homeowners covered by Citizens has ballooned, reaching 938,437 ...

  6. Can lawmakers save the collapsing Florida home insurance market?

    www.aol.com/finance/lawmakers-save-collapsing...

    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 ...

  7. Florida's homeowner insurance is in crisis. Some think ... - AOL

    www.aol.com/floridas-homeowner-insurance-crisis...

    Florida's homeowners insurance crisis has become a nightmare for many homeowners, driving them out of the state. ... Citizens Property Insurance Corp. was established in 2002 to provide coverage ...

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