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Guest AuthorAugust 25, 2016

The 2016 Atlantic Hurricane Season could become very active soon if forecasters are correct. While the season has been fairly quiet so far, with just five named storms forming, NOAA recently increased its storm season prediction and is now calling for 12-17 named storms. So, as residents stock up on back-to-school supplies, it may be […]

Ryan RayJanuary 4, 2016

Citizens Property Insurance Corp. — Florida’s state-backed “insurer of last resort” — received approval Monday to shed another 71,500 home insurance policies from its rolls amid an ongoing effort to reduce the state’s liabilities. The Florida Office of Insurance Regulation announced two private carriers have been approved to take over the policies, which cover properties […]

Guest AuthorOctober 2, 2015

Citizens Property Insurance Corporation was formed by the Florida Legislature in 2002 for the purpose of serving Florida’s residual property insurance market. Its creation was justified by the argument that middle-income residents have a tough time purchasing insurance in a hurricane-prone state like Florida, and public subsidies were needed to even the playing field for […]

Staff ReportsJune 24, 2015

Citizens Property Insurance Corp.’s board of governors on Wednesday approved a 2016 rate package that lowers rates for nearly half of Citizens’ personal lines policyholders while responding to increased water loss claims and continued inadequate rates for its remaining policyholders along the coast. By unanimous vote, the board approved an overall rate increase of 3.2 […]

Phil AmmannFebruary 6, 2015

Citizens Property Insurance Corp.’s Board of Governors on Friday approved a deal to consolidate the company’s information technology and other functions to the EverBank Center in downtown Jacksonville. The planned move of the state-run insurer, scheduled for completion by the end of the year, will improve efficiencies and communication by bringing most Citizens employees together at a […]

Guest AuthorOctober 1, 2013

Florida is gambling against Mother Nature. We’re entangled in a decades-long game of chance, hoping to dodge her strikes. But hurricanes happen, and it’s only a matter of time before another storm hits our shores. Even if it’s not this year, Florida will be directly hit by a hurricane and our current property insurance system […]

Tag: Citizens Property Insurance Corporation

Logan McFaddin: Peak hurricane season: Insurers say don’t wait

Citizens gets OK to shed another 71,500 policies in March

Matt Kelly: Citizens Property Insurance Corporation is regressive and risky

Citizens’ board OKs proposed 2016 rates

Citizens Board OKs move to Jax EverBank Center

Jerry Parrish: Legislature must reform property insurance system