Latest updates for Florida Citizens Property Insurance Corp.

Fresh curated links around Florida Citizens Property Insurance Corp. are collected here so marketers can spot useful updates and turn timely ideas into posts faster.

Recent items include:

  • Florida clears two carriers to absorb 40,000 Citizens policies
  • Florida Citizens Clarifies What is ‘Comparable Coverage’ in HO, DP Policies
  • Sign of the Times: Florida Citizens’ Market Share, Litigation Levels Dropping to New Lows

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insurancebusinessmag.com /1 month ago

Florida clears two carriers to absorb 40,000 Citizens policies

Mangrove and Florida Peninsula join the state's accelerating push to shrink its insurer of last resort

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insurancejournal.com /2 weeks ago

Florida Citizens Clarifies What is ‘Comparable Coverage’ in HO, DP Policies

Carriers making takeout offers for Florida Citizens Property Insurance policies have often run into a question: What exactly constitutes “comparable coverage?” That has posed some...

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insurancejournal.com /3 weeks ago

Sign of the Times: Florida Citizens’ Market Share, Litigation Levels Dropping to New Lows

In another measure of the remarkable turnaround of the Florida insurance market, Citizens Property Insurance Corporation’s share of the market has dropped to just 2% for the first...

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insurancejournal.com /1 month ago

Three New HO Carriers and an Improving Condo Market in Florida, Reports Show

Three new property insurance companies have entered the Florida market this spring, bringing to 20 the number of new carriers since Florida lawmakers ended assignment-of-benefit ag...

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orlandoweekly.com /1 month ago

Property insurance experts are cautiously optimistic ahead of Florida hurricane season

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insurancebusinessmag.com /1 month ago

Florida personal property carriers book $1bn underwriting swing

Tort reforms and a quiet hurricane season flipped the script — but AM Best warns the work isn't done

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insurancejournal.com /1 month ago

Renner Wants to Drop Premium Taxes, Expand Florida Cat Fund Coverage

Florida gubernatorial candidate Paul Renner, a former speaker of the Florida House, wants to eliminate the premium tax on residential property, part of his plan to reduce homeowner...

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insurancejournal.com /3 weeks ago

DeSantis Signs Citizens Commercial Clearinghouse Bill That’s Been Called ‘Unneeded’

Florida Gov. Ron DeSantis has signed a bill that will create a commercial clearinghouse for Citizens Property Insurance policies, a bill that a number of brokers and agents have ca...

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insurancejournal.com /2 weeks ago

Viewpoint: Why Florida Property Insurance Rates Might (and Might Not) Keep Falling

Editor’s note: As some national news reports continue to claim that Florida’s property insurance crisis has endured and premiums keep rising, one Florida insurance executive offere...

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philstockworld.com /1 month ago

Home insurance and the unraveling of Florida communities

Home insurance and the unraveling of Florida communities By Zac Taylor, Delft University of Technology While visiting family in St. Petersburg, Florida, in November 2024, I found m...

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insurancebusinessmag.com /1 month ago

State Farm loses Florida pre-suit notice fight on older property policies

The ruling reopens older claims that insurers thought they had already shut down

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fortune.com /1 month ago

Florida’s insurance exodus is triggering a 2008-style chain reaction — with one critical difference

Can't get home insurance in Florida? Your neighbor's property value just became your problem too.

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insurancebusinessmag.com /1 month ago

Citizens beats receivables buyer as Florida court extends assignment-of-benefits law downstream

One resold invoice was all it took to sink the lawsuit against the insurer

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insurancejournal.com /1 month ago

People Moves: Florida Lawyers Mutual Names Coady CEO

Carol Coady has been called out of retirement to be interim president and CEO of Florida Lawyers Mutual Insurance Co., starting next week. Coady served as the professional liabilit...

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insurancejournal.com /3 weeks ago

Reinsurers Bring Strong Risk Appetite to Florida’s June Renewals: Guy Carpenter

Legal reforms, improved building resilience, and disciplined underwriting have combined to restore confidence in the Florida re/insurance market, leading to increased capacity as w...

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insurancebusinessmag.com /1 week ago

National Fire sues to start Florida bad-faith clock on its terms

A $2M offer, a 90-day window, and a start date nobody can agree on

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insurancebusinessmag.com /2 weeks ago

Private flood insurer doubles residential limit amid NFIP strain

With the NFIP $22.5 billion in debt and uptake falling, one carrier is counting on higher limits to win broker business

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insurancebusinessmag.com /1 month ago

World Insurance expands Florida footprint with Lock Insurance deal

Brokerage is pressing ahead with acquisitions in a Florida market that is attracting new capital for the first time in years

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floridapolitics.com /2 weeks ago

Leslie Chapman-Henderson: National Insurance Awareness Day — Why resilience is Florida’s best insurance policy

Building stronger homes creates a stronger, more affordable insurance future for Florida. The post Leslie Chapman-Henderson: National Insurance Awareness Day — Why resilience is Fl...

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insurancejournal.com /3 days ago

Remember the Fall of Patriot National? Trial in Suit vs. Mariano’s Lawyers to Begin

A few years before the more-recent spate of Florida insurance carrier insolvencies, a workers’ compensation insurer known as Guarantee Insurance Co. was declared insolvent in 2017â...

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insurancebusinessmag.com /1 month ago

The E&S coastal market is splitting, and brokers shouldn't price it as one

Carolinas coastal property owners are seeing relief this year; Floridians, less so. And the reasons have little to do with the weather

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insurancejournal.com /1 week ago

Clash of Florida Titans Pits Powerful Tribe Against Homebuilder Lennar

Ciara Billie was about to step into the shower of her newly built townhome on the Hollywood Seminole Reservation in South Florida when her ceiling began to crumble and an air-condi...

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insurancejournal.com /1 month ago

Florida Property Tax Cut Could Strain Local Credit, S&P Says

Local governments in Florida will face “greater credit pressure” if voters approve a plan to largely eliminate property taxes on more than half of homes in the state, according to...

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insurancejournal.com /1 month ago

USAA Not Done With Dividends: Florida Reforms Prompt $500M Payout

When USAA announced nearly $4 billion in policyholder dividends in December last year, the military insurer cited its financial discipline and the proactive steps of members to pre...

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Sources covering Florida Citizens Property Insurance Corp.

feeds.feedburner.com

Recent coverage from public sources
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floridapolitics.com

Recent coverage from public sources
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fortune.com

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insurancebusinessmag.com

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insurancejournal.com

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orlandoweekly.com

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