Tag: Citizens Property Insurance Corp.
Matt Gaetz. Image via AP.

Peter SchorschApril 2, 2018
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4min932
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
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3min328
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
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4min398
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
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7min511
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
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3min269
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
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2min183
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 […]

Michael MolineSeptember 18, 2017
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2min213
State regulators have received notice of more than 335,000 insurance claims since Hurricane Irma hit Florida, mostly concentrated in Central and South Florida, with losses nearing $2 billion. The bottom line as of 4 p.m. Sunday was 335,347 claims, according to the Office of Insurance Regulation. Total estimated insurance losses were $1,954,947,889. The data were […]

Michael MolineSeptember 15, 2017
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8min233
You probably don’t have to worry about your insurance company’s ability to pay claims arising from Hurricane Irma. Do worry about a shortage of adjusters to help them calculate your losses. That could inflate the cost of managing claims. Fred Karlinsky, co-chairman of the insurance regulatory and transactions practice at Greenberg Traurig, said Florida insurers […]

Michael MolineSeptember 13, 2017
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3min222
Some 8,000 Irma-related insurance claims have landed with Citizens Property Insurance Corp. — and counting. That was the number as of 9 a.m. Wednesday, company spokesman Michael Peltier said. Florida’s Office of Insurance Regulation was tallying claims filed but had not yet posted the numbers on its website. Citizens, established by the Legislature as the […]


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