Florida Politics - Campaigns & Elections. Lobbying & Government.

Michael MolineMay 8, 2018

Citizens Property Insurance Corp. will transfer $1.42 billion in risk to the reinsurance and capital markets — a move its leadership said would leave it with reserves sufficient to cover a major storm. The policy, adopted unanimously during a telephone conference call of Citizens’ board of governors, “will allow us to face the upcoming wind […]

Staff ReportsMay 2, 2018

Chief Financial Officer Jimmy Patronis has told the state’s insurer of last resort that those who lobby Citizens Property Insurance Corp. should be required to disclose their efforts. Patronis sent a letter to Citizens president and CEO Barry Gilway on Wednesday, with a copy to board chair Christopher Gardner. “Transparency should be a key component to […]

Jim RosicaApril 30, 2018

Citizens Property Insurance Corp. has settled a lawsuit against it over sinkhole damage in Pinellas County’s Cloverplace condominium community. The settlement, disclosed after a public records request, came Monday — a little more than a month after the state’s insurer of last resort was hit with what the Tampa Bay Times called “one of the […]

Michael MolineApril 30, 2018

An appellate court has rejected a community group’s challenge to premium levels for Citizens Property Insurance Corp. customers in Monroe County. State law provides no avenue for the formal administrative challenge sought by Fair Insurance Rates in Monroe Inc., a unanimous three-judge panel of the 1st District Court of Appeal in Tallahassee concluded on Monday. The […]

Peter SchorschApril 2, 2018

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Marc W. Dunbar, the Tallahassee-based lawyer and gaming lobbyist, will become the next member of Citizens Property Insurance Corp.’s board of governors. Dunbar, a partner in the Jones Walker firm’s Government Relations Practice Group, interviewed in February with CFO Jimmy Patronis for a vacancy on the state-run insurance concern’s board of governors. Citizens is the state’s insurer of […]

Peter SchorschFebruary 20, 2018

Marc W. Dunbar, the Tallahassee-based lawyer and gaming lobbyist, likely will become the next member of Citizens Property Insurance Corp.’s board of governors. Dunbar, a partner in the Jones Walker firm’s Government Relations Practice Group, is scheduled to be interviewed Tuesday morning for a vacancy on the state-run insurance concern’s board of governors. The interview, largely considered […]

Michael MolineNovember 30, 2017

Pay rates for insurance adjusters jumped by up to 30 percent as Citizens Property Insurance Corp. scrambled to respond to claims following Hurricane Irma, the carrier’s Consumer Service Committee learned Thursday. The hikes were prompted by competition for trained adjusters with Texas, still recovering from Hurricane Harvey when Irma hit Florida on Sept. 10. Texas […]

Michael MolineOctober 24, 2017

Alternative dispute resolution emerged as a possible solution to the political dispute over assignment of benefits, or AOB, agreements during a hearing Tuesday before the Senate Banking & Insurance Committee. Sha’Ron James, Florida’s insurance consumer advocate, raised the possibility as the committee members questioned representatives of the trial bar, the insurers, contractors and other parties. […]

Michael MolineSeptember 27, 2017

Citizens Property Insurance Corp. faces $1.2 billion in losses following Hurricane Irma, Board of Governors chair Christopher Gardner reported Wednesday. “Please recognize that this is an early estimate, and this number will probably change,” Gardner told board members during a telephone conference call. The Florida Office of Insurance Regulation, meanwhile, reported 577,918 claims against all insurers […]

Michael MolineSeptember 19, 2017

Insurance claims from Hurricane Irma now have surpassed $2 billion, the Office of Insurance Regulation announced Tuesday. As of 4 p.m. Monday, 372,281 claims represented $2,168,674,31 in dollar losses. A little more than 6 percent of those claims have been closed already. Insurers rejected another 8,300. You can drill down into the data here. The […]

Tag: Citizens Property Insurance Corp.

Citizens Insurance board OK’s $1 billion-plus reinsurance plan

Jimmy Patronis calls for more transparency in lobbying Citizens Insurance

Cloverplace Condos suit settles during appeal

Court rejects Keys residents’ challenge to Citizens rates

Attorney Marc Dunbar to join Citizens Insurance board

Marc Dunbar in line to join Citizens board

Citizens paid premiums to entice adjusters after Hurricane Irma

Senate committee considers sending AOB disputes to mandatory arbitration

Citizens Insurance faces $1.2 billion in Irma claims; total insurance hit is $3.7 billion

Irma-related claims now over $2 billion