Tag Archives: Citizens Property Insurance Corporation
Florida Dodges Bullet as Citizens Tries to Circumvent the Process to Raise Rates
If you’ve been paying attention to the news cycle the past few days, you’ve probably heard a familiar story – Citizens Property Insurance Corporation, your state-run insurer of last resort, is trying to raise rates on Florida policyho…
Bill to Allow Unregulated Surplus Lines Insurers to Cherry-Pick Citizens Property Insurance Corporation Policies Is On Hold in the Senate
In Tallahassee, nothing is for certain until it is signed by the Governor. Sometimes, even when a bill’s passage looks like a near certainty, something happens behind the scenes to put on the brakes.Last week, that is exactly what happened to HB …
Citizens’ Policyholders Should Speak Out and Take a Listen
Folk singer Kevin Roth, thinks now is the time for Floridians to do something about the state run property insurance corporation and has put his thoughts to music. Roth was inspired to write his song about Citizens after he received a notice from Citiz…
Florida Legislative Update
As noted in my previous legislative update, the Florida Legislature continues to move quickly on several relevant insurance bills. Today marks the midway point in the 2012 legislative session, and we’ve seen a lot of activity on insurance re…
Citizens’ Miscalculation Costs Policyholders
Recently, a great deal has been written regarding Citizens Property Insurance Corporation’s replacement cost value (RCV) calculation methodology. It seems that, in some cases, Citizens is grossly overestimating the cost to replace a home followin…
What Appears to be a Recurring Theme with Citizens Property Insurance Corporation
The Sheldon family suffered a fire loss to their home in St. Petersburg, Florida, in January, 2011. While their homeowner’s insurance company, Citizens Property Insurance Corporation, has admitted this the loss is covered under the policy, Citize…
Policyholders Routinely Burned by Citizens Property Insurance Corporation
It’s no secret that Citizens Property Insurance Corporation routinely treats policyholders like numbers on a page. Despite its title as the state’s largest property insurer, Citizens consistently gets the most complaints from policyholders,…
Tallahassee Buzzing with New Property Insurance Legislation
Tallahassee is buzzing – if you listen closely, you can hear it. As October winds to a close, the traffic on Interstate 10 is picking up, as is the mid-week crowd at Clyde’s & Costello’s. There’s only one thing that could me…
Groundswell of Opposition Sinks Citizens’ Rate Hike Request
Floridians won a great victory on Tuesday. Against the wishes of powerful legislators in Tallahassee and the exceptionally influential insurance lobby, Florida Insurance Commissioner Kevin McCarty struck down most of Citizens Property Insurance Corpora…
Sinkhole Rate Hearing Draws Crowd — and Results
At roughly 3:30 p.m. yesterday, hundreds of folks from Pasco and Hernando County descended on downtown Tampa for one purpose. They were fighting for their financial future; they were fighting to keep their homes.
I want to express my gratitude to every…
