Renzo DowneyNovember 5, 2020
4min667
New blood and an increasingly unsustainable industry could force property insurance reforms.
Tag: Citizens Property Insurance
Renzo DowneyNovember 5, 2020
Jason DelgadoNovember 2, 2020
3min790
Fields is a Florida State University law school alumnus and a federal prosecutor.
Jason DelgadoJuly 26, 2020
7min1249
Unpaid policies were scheduled to be cancelled on Aug. 15.
Jim TurnerJune 18, 2019
5min211
“Citizens is actually estimating their experience upfront."
Guest AuthorFebruary 4, 2019
7min394
"How can the Legislature make changes without seeing the whole picture?"
Michael MolineJanuary 22, 2019
8min546
Broxson's bill would apply to property and auto glass lawsuits
Scott PowersJanuary 14, 2019
8min233
Florida’s economy might not be booming as robustly in 2019 as the past couple of years but talk nationwide of a possible recession this year probably won’t slow the state down too much. That’s the theme of the economic forecasts presented Monday morning at the Florida Chamber Foundation’s Economic Outlook and Jobs Summit in Orlando, with […]
Phil AmmannAugust 10, 2017
7min305
Almost 25 years have passed since a Category 5 hurricane struck south of Miami, and the city’s vulnerability to catastrophic storm damage has grown exponentially, according to a new insurance underwriters’ analysis. At the time, Hurricane Andrew was the most expensive natural disaster in U.S. history, causing more than $26 billion of damage in Florida’s […]
Gary FineoutJune 20, 2017
4min247
Florida’s state-created property insurer, contending that it is dealing with a flood of suspicious water-related claims and lawsuits, is asking state regulators to raise rates for thousands of homeowners next year, including those in the most heavily-populated areas. The board that oversees Citizens Property Insurance voted unanimously Tuesday to raise homeowner rates an average 5.3 […]
Staff ReportsSeptember 8, 2016
2min364
Insured losses from Hurricane Hermine could amount to $500 million, but the industry could absorb the hit, according to an analysis published this week. Fitch Ratings Inc. cited an estimate from Karen Clark & Co., a “catastrophe modeling” consultancy in Boston. Total economic damages could amount to $1 billion in Florida and other southeastern states, […]