Tag: Citizens Property

Michael MolineDecember 7, 2016
insurance-1024x1024.jpg

7min495
“Out of control” litigation costs are slowing efforts by Florida’s property insurer of last resort to shift risk onto private insurers, and may lead to aggressive restrictions on claims for water damage, the organization’s president said Wednesday. Rising litigation “is driving 80 percent of our attention and time,” Barry Gilway warned during a meeting of […]

Michael MolineSeptember 30, 2016
Madeira-Beach-aerial-photo-3500x5000.jpg

2min543
State regulators approved premium increases Friday for commercial policies issued by Citizens Property Insurance Corp., including a nearly 12 percent increase for condominium association common property in wind-vulnerable coastal areas. Premiums on those policies would increase by 11.9 percent effective Feb. 1. Citizens had sought an increase of 12 percent. Multi-peril policies for other condo […]

Lloyd DunkelbergerJuly 19, 2016
water-damage-07.19-Large-e1468948919720.jpg

3min539
The Citizens Property Insurance Corp. board of governors Tuesday approved a $1.8 million contract with a company that will examine escalating water damage claims from policyholders and determine whether the charges are excessive. “The goal is to identify inflated or excessive charges on invoices from contractors that have performed water damage restorations for Citizens’ policyholders […]


#FlaPol

Florida Politics is a statewide, new media platform covering campaigns, elections, government, policy, and lobbying in Florida. This platform and all of its content are owned by Extensive Enterprises Media.

Publisher: Peter Schorsch @PeterSchorschFL

Contributors & reporters: Phil Ammann, Drew Dixon, Roseanne Dunkelberger, A.G. Gancarski, William March, Ryan Nicol, Jacob Ogles, Cole Pepper, Jesse Scheckner, Drew Wilson, and Mike Wright.

Email: [email protected]
Twitter: @PeterSchorschFL
Phone: (727) 642-3162
Address: 204 37th Avenue North #182
St. Petersburg, Florida 33704