Citizens Insurance expects to end the year ‘well under’ 1 million policies
State-owned Citizens Insurance will fall below 1 million policies by the end of the year, thanks to a stronger private insurance market and the success of Citizens’ depopulation program,
Citizens Insurance says it denies half of all claims because it covers riskiest policies
An executive of state-owned Citizens Property Insurance Corp. said a report this week finding that the company denies half of all claims submitted by its policyholders is “very
Citizens Policies Drop Below 1M
Officials expect the number of Floridians insured by Citizens to drop nearly 900,000 by the end of the year. Another 343,000 could be assumed by February.
Florida's Citizens Insurance has fewer than 1 million policies
The South Carolina driver who killed a bride and seriously injured the groom as they departed their wedding reception pleaded guilty in court on Monday and was sentenced to 25 years in prison. Joe Francis currently resides in Mexico, where he has avoided returning to the U.S. due to outstanding legal issues
Florida’s Citizens Property Insurance Shrinks Below 1 Million Policies
In a positive sign for Florida's troubled property insurance market, the number of policies held by the state-backed insurer of last resort, Citizens Property Insurance Corp., has dipped below 1 million.
Opinion
Florida Citizens’ insurance claim closures need closer look | Opinion
The new analysis of Citizens’ claim denials isn’t the only reason there’s more focus on the state-run insurance company. As reported by the news outlet NOTUS in October, Citizens also reportedly denied 77% of claims from Hurricane Debby in August, which hit the Big Bend area.
Florida's insurer of last resort down to fewer than 1M policies
Florida's insurer of last resort down to fewer than 1M policies
Citizens insurance: Why half of 2023 homeowner property damage claims closed without payment
The Legislature just passed laws that make it harder for policyholders to sue if they don't agree with the payout.
floridaphoenix13d
Citizens insurance issued living-expenses checks for 40% of claimants at response centers
Florida’s state-run homeowners’ insurance company offers coverage for food and a place to live for policyholders whose homes ...
Sacramento Bee9d
‘Everything has gone up’: Retirees feel burdened by inflation as home insurance cost surge
As premiums surge and some insurers leave the state entirely, Florida's ongoing insurance crisis has pushed 1.2 million ...
Did Florida insurance reforms work? 'We are watching' insurers, says Senate president
Will the Legislature take on more reforms as insurance policyholders find little recourse to insurer decisions?
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How hurricanes Helene and Milton could affect your homeowners insurance
Insurance continues to be top of mind for many Floridians, especially after a very active and destructive hurricane season.
Artemis2d
Florida Citizens lifts reinsurance and cat bond risk transfer target to $4.5bn for 2025
Florida’s Citizens Property Insurance Corporation, the state’s insurer of last resort, is currently projecting a need to ...
Citizens, Inc. Announces Filing of Form S-3 to Replace Expiring Shelf Registration Statement
November 27, 2024) - Citizens, Inc. (NYSE: CIA), a leading diversified financial services company specializing in life, living benefits, and final expense insurance, today announced it has filed a ...