News

has received approval from the Florida Office of Insurance Regulation (OIR) to assume additional policies from Citizens Property Insurance Corporation (Citizens) during the June 2025 assumption period ...
TALLAHASSEE, Fla. — The number of policies in the state’s Citizens Property Insurance Corp. continued to slowly increase last week. Citizens had 851,210 policies as of Friday, up from 849,072 ...
A Florida appeals court has breathed new life into a lawsuit filed by homeowners Miguel Betancourt and Ana Diaz against Citizens Property Insurance Corporation, ruling that their claim over water ...
Some lawmakers reacted with disgust. “Our purpose here today is to find out if insurance companies have been allegedly ripping the citizens of Florida off. Why rates are so high? We want to find that ...
Citizens Property Insurance Corp., the state-backed insurer of last resort, has seen a significant reduction in policyholders, particularly in South Florida. Legislative reforms in 2021 and 2022 ...
JACKSONVILLE, Fla. — Citizens Property Insurance's Board of Governors voted unanimously to move out of its downtown Jacksonville office in a meeting Wednesday afternoon. More than 800 employees ...
Florida Citizens Property Insurance Corp. is seeking $2.94 billion in new private risk transfer as part of its $4.54 billion private reinsurance coverage plan for 2025, according to board and ...
Citizens Property Insurance board put final approval on moving the Jacksonville office out of downtown in 2026. The new office will be located in a building on Baypine Road that was formerly ...
JACKSONVILLE, Fla. (WWSB) - If you’re one of around 850,000 Citizens Insurance policyholders in Florida, expect to dig a bit deeper to pay your premiums beginning June 1. The company confirms ...
Florida’s Citizens Property Insurance Corporation, the state’s insurer of last resort, is aiming to purchase $2.94 billion of new traditional reinsurance and catastrophe bonds for the 2025 ...
Citizens Property Insurance Corporation, Florida's property insurer of last resort, will need to purchase an additional $2.94 billion of new private market risk transfer to secure reinsurance coverage ...