Citizens Property Insurance Corp. saw a record-breaking decrease in policies, indicating a potential recovery in Florida's private insurance market. Some lawmakers argue that shrinking Citizens might ...
Add Yahoo as a preferred source to see more of our stories on Google. Most customers of state-run Citizens Property insurance Corp. in Broward and Miami-Dade counties will see substantial rate ...
LAKE WORTH BEACH, Fla. — Citizens Insurance has successfully moved about 355,000 policies off its books this year, with 42% of those homeowners transitioning to private insurers in Florida. The ...
The share of lawsuits against Citizens Property Insurance Corp. originating from South Florida has declined sharply. Lawsuits against the so-called insurer of last resort have declined statewide from ...
Florida's home insurance market is stabilizing but remains one of the most expensive in the nation, partly due to hurricane risk. State-backed Citizens Insurance hiked rates up to 14% for primary ...
Most customers of state-owned Citizens Property Insurance Corp. could see significant rate decreases in 2026. The company is recommending an average 2.6% statewide rate decrease for personal lines ...
TALLAHASSEE, Fla. – The state’s Citizens Property Insurance Corp. last week shed about 100,000 policies, with its number of customers dropping to the lowest total in nearly three years. Citizens, ...
WEST PALM BEACH, Fla. — A proposal to dramatically change Citizens Insurance is now part of a growing stack of bills at Florida's Capitol in 2025. House Bill 13, sponsored by state Rep. Hillary Cassel ...
Most customers of state-owned Citizens Property Insurance Corp. could see significant rate decreases in 2026, though many of those in Central Florida counties will see increases. The company is ...
Citizens windstorm insurance for all. Closing loopholes for a “bad-faith” insurance claim. Creation of an insurance advisory council. Requiring mediation before policyholders can sue their insurer.
This story has been updated to correct an inaccuracy in the percentage drop of Citizens' policies in force. Last year was a record-breaking year for shrinking the size of Florida’s insurer of last ...