Citizens Approves Rate Changes for Florida Insureds
Citizens Property Insurance Corporation’s Board of Governors has approved a 2016 rate package that lowers rates for nearly half of Citizens’ personal lines policyholders while responding to increased...
View ArticleCitizens’ CEO Updates Board on ‘Critical’ Water Loss Issue, Depopulation Program
Citizens Property Insurance Corporation’s top executive warned the company’s Board of Governors Wednesday that water loss claims will continue to hamper efforts to reduce rates for many Florida...
View ArticleCitizens Approves Policy Language Changes to Tackle Water Loss Issue
Citizens Property Insurance Corporation’s Board of Governors on Wednesday approved a slate of policy changes to bolster oversight of water loss claims while continuing to protect policyholders who need...
View ArticleFlorida’s Citizens to Lawmakers: AOB Reform Must be Passed in 2017
Florida lawmakers can expect substantial pressure to tackle the assignment of benefits (AOB) and water loss claims crisis from the state’s insurer of last resort when Florida’s legislative session...
View ArticleTop Florida Stories of 2016: The AOB ‘Insurance Crisis’
Assignment of benefits abuse has become such a well-known problem in the state of Florida this year that it now just goes by the nickname “AOB.” The issue with AOB comes from when a policyholder...
View ArticleFormer Florida Senator McKay Appointed to Citizens Board of Governors
Former Florida State Senator John M. McKay has been appointed to the Citizens Property Insurance Corporation Board of Governors by Chief Financial Officer Jimmy Patronis, according to an announcement...
View ArticleCitizens Estimates $1.23B In Insured Losses from Hurricane Irma
Hurricane Irma will generate up to 70,000 claims and approximately $1.23 billion of insured losses to Citizens Property Insurance Corporation over the next 18 to 24 months, according to initial...
View ArticleCitizens’ CEO Updates Board on ‘Critical’ Water Loss Issue, Depopulation Program
Citizens Property Insurance Corporation’s top executive warned the company’s Board of Governors Wednesday that water loss claims will continue to hamper efforts to reduce rates for many Florida...
View ArticleCitizens Approves Policy Language Changes to Tackle Water Loss Issue
Citizens Property Insurance Corporation’s Board of Governors on Wednesday approved a slate of policy changes to bolster oversight of water loss claims while continuing to protect policyholders who need...
View ArticleCitizens Approves Rate Changes for Florida Insureds
Citizens Property Insurance Corporation’s Board of Governors has approved a 2016 rate package that lowers rates for nearly half of Citizens’ personal lines policyholders while responding to increased...
View ArticleFlorida’s Citizens to Lawmakers: AOB Reform Must be Passed in 2017
Florida lawmakers can expect substantial pressure to tackle the assignment of benefits (AOB) and water loss claims crisis from the state’s insurer of last resort when Florida’s legislative session...
View ArticleTop Florida Stories of 2016: The AOB ‘Insurance Crisis’
Assignment of benefits abuse has become such a well-known problem in the state of Florida this year that it now just goes by the nickname “AOB.” The issue with AOB comes from when a policyholder...
View ArticleFormer Florida Senator McKay Appointed to Citizens Board of Governors
Former Florida State Senator John M. McKay has been appointed to the Citizens Property Insurance Corporation Board of Governors by Chief Financial Officer Jimmy Patronis, according to an announcement...
View ArticleCitizens Estimates $1.23B In Insured Losses from Hurricane Irma
Hurricane Irma will generate up to 70,000 claims and approximately $1.23 billion of insured losses to Citizens Property Insurance Corporation over the next 18 to 24 months, according to initial...
View ArticleRivard Appointed Chair of Board of Governors for Florida’s Citizens Property...
Florida Chief Financial Officer (CFO) Jimmy Patronis has appointed Bo Rivard as the chair of the Citizens Board of Governors, effective immediately. Rivard has served on the Citizens Property Insurance...
View ArticleHasner, Knight, Telemaco Join Board of Citizens Property Insurance
Governor Ron DeSantis has appointed three new members to the board of governors of Citizens Property Insurance Corp., his office said in a statement. Jillian Hasner of Boca Raton currently serves as...
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