INSIDER
The state’s Citizens Property Insurance Corp. last week shed about 100,000 policies, with its number of customers dropping to the lowest total in nearly three years.
Florida Gov. Ron DeSantis announces lower premiums for some customers of homeowners and car insurance providers, expected during 2025.
For the second month in a row, private insurers have taken more than 90,000 policies from the state’s Citizens Property Insurance Corp.
The fighting between Israeli forces and the Palestinian terror group Hamas is having a polarizing effect in Florida, bringing out supporters on both sides.
Thousands of Citizens Property Insurance customers have until next week to decide if they want to take an offer from a private insurer.
The Citizens Board of Governors on Wednesday morning will hear a proposal for double-digit rate hikes, set to be in place by year’s end.
As efforts continued to sort out damage from Hurricane Idalia, regulators on Friday approved proposals by seven private insurers to pull as many as 202,000 policies from the state’s Citizens Property Insurance Corp.
Thousands of Citizens Insurance policyholders may have to pay pricier premiums as the state approves a plan to move policies to private insurers.
As homeowners continue piling into the state-backed Citizens Property Insurance Corp., regulators this week approved proposals that could lead to private insurers pulling as many as 184,000 policies from Citizens starting in October.
With private insurers dropping customers and raising rates, the state-backed Citizens Property Insurance Corp. saw its number of policies increase about 50% in 2022.
Florida lawmakers in May approved scaling back a requirement to replace roofs. A contractors group and a roofing company have gone to a state appeals court as they argue the change is unconstitutional.
