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 ReportsNovember 13, 2017

The Poynter Institute in St. Petersburg says it “reported an annual surplus of $627,000 in 2016, continuing its trend of continuous financial improvement,” according to a recent press release. “I applaud the hard work of the Poynter staff to get us to the point where we have begun to reinvest in the Institute,” said Neil Brown, the newly […]

Associated PressSeptember 7, 2016

Florida will have very little extra money to spend in the coming year. That means top legislators and Gov. Rick Scott may have slash the state budget to meet some of their promises. The annual forecast released Tuesday shows that despite the state’s gradual economic recovery Florida is expected to bring in just enough money […]

Tag: surplus
(L-R) Bobby Powell and Leonard Serratore. Images via the candidates.

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

Poynter posts surplus despite operating loss last year

Florida won’t have much extra money in 2017