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Citizens Property Insurance

homeowner's insurance

Florida legislative committee will hear an update on property insurance issues

A Florida Senate committee will receive presentations about the insurance market from the Insurance Commissioner and the Citizens President.
storm warnings and watches Lee County

Citizens Property Insurance policy count could decline in Florida

Florida's Citizens Property Insurance Corp. could start to see its number of policies decrease as it moves policies to private insurers.
Hurricane Idalia storm surge Gulfport Florida wmnf

Florida insurance issues could pose long-term problems

As Florida recovers from Hurricane Idalia, Fitch Ratings warned about the long-term effects of property insurance problems in Florida and CA.
Hurricane Idalia storm surge Gulfport Florida wmnf

Losses from Hurricane Idalia are estimated at $97.7 million and climbing

Estimated insured losses from Hurricane Idalia reached $97.7 million; 7 insurers can assume up to 202,000 policies from Citizens in November.
Citizens Property Insurance

Citizens Insurance sees a drop in new lawsuits in Florida

Florida’s Citizens Property Insurance was served with 4,711 lawsuits during the first six months of 2023, down from 2022.
The Scoop: WMNF Daily News Digest

The Scoop: Wed., August 23, 2023 Tampa Bay & Florida headlines by WMNF

Suspect shot and killed Tampa Police officers and a Polk County sheriff deputy killed a man after coming under fire yesterday while working as U.S. Marshals serving a warrant in Riverview. The 39-year-old was the...
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Citizens Property Insurance continues to add policies in Florida; it’s now over 1.3 million policies

The state-backed Citizens Property Insurance Corp. has topped 1.36 million policies, as it continues to add thousands of customers a week.
storm warnings and watches Lee County

Private insurers are approved to take some Florida policies from Citizens Insurance

Homeowners continue piling into the state-backed Citizens Property Insurance. Regulators approved private insurers taking 184,000 policies.
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Farmers Insurance exits Florida while Citizens Insurance adds 5,500 policies

Farmers Insurance will end residential, auto and umbrella policies in Florida, forcing tens of thousands to look elsewhere for coverage.
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Citizens Property insurance proposes double digit rate hikes for homeowners

The Office of Insurance Regulation is considering double-digit rate increases for Citizens Property Insurance customers across Florida. A new state regulation allows homeowner’s insurance rate increases of up to 50 percent for properties that are...
storm warnings and watches debris destruction

Major insurance issues teed up for Florida special session

Florida lawmakers could take major steps to try to stabilize the property insurance market during a special legislative session next week.
storm warnings and watches Lee County

After Hurricane Ian: Florida’s insurance system is in the crosshairs

Outgoing State Sen. Jeff Brandes thinks Hurricane Ian will shake the already-fragile property insurance market in Florida.

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