Citizens Updates Hurricane Ian Estimates November 15, 2022 - Tallahassee Citizens Property Insurance Corporation has updated its Hurricane Ian estimates to reflect additional costs expected from litigation and other claims-related expenses. Citizens estimates that direct losses and loss adjustment expenses will total $3.8... Read more
Florida Senate Bill 76 - Property Insurance GENERAL BILL by Rules ; Judiciary ; Banking and Insurance ; Boyd ; (CO-INTRODUCERS) Brandes Insurance; Prohibiting certain practices by contractors; prohibiting a contractor from executing a contract with a residential property owner for a roofing repair or... Read more
Citizens: We weren't ready for major impact from Hurricane Matthew An Oct. 5 news release declared: “Citizens is ready for Hurricane Matthew, Are You?” Months later, Citizens — with 225,000 policyholders in Broward, Palm Beach and Miami-Dade counties — revealed it was not ready to respond to a major storm in South Florida. Companies... Read more
Citizens Insurance Dissatisfied With Independent Adjusters After Hurricane Matthew "The Citizens Property Insurance Company is regrouping after two hurricanes hit the state. The state-backed insurer is disappointed with the response of independent contractors handling claims adjustment." Read more
Citizens hires company to review water damage repair estimates, negotiate lower invoices State-run Citizens Property Insurance Corp. is hiring an outside vendor to scrutinize water-damage repair estimates from contractors, and to directly negotiate lower invoices with those contractors in exchange for a cut of the savings. The company's board of governors on Tuesday agreed to a... Read more
Citizens Property Insurance "Citizens Property Insurance Corporation was created by the Florida Legislature in August 2002 as a not-for-profit, tax-exempt, government entity. Its mission is to provide insurance protection to Florida policyholders who are entitled to but are unable to find property insurance coverage... Read more
Florida Focus---Changes in the Wind? Some of us reside in Florida. Many more of us have served time here with a stint or two following catastrophes that impacted the Sunshine State. In the aftermath of Andrew; the 'four in 2004', and then Wilma, old-timers and rookie adjusters alike saturated the fourth largest... Read more