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Citizens Property Insurance

Citizens Property Insurance

A U.S. Senate committee looks at insurance, including Florida’s Citizens Property Insurance

The U.S. Senate Budget Committee will hold a hearing Wednesday about how climate change is affecting insurance markets.
Hurricane Idalia storm surge Gulfport Florida wmnf

Citizens Property Insurance adds policies before the storm season

Florida's Citizens Property Insurance Corp. added nearly 5,000 policies last week,
homeowner's insurance

The policy count goes down for Florida’s Citizens Property Insurance

Citizens Property Insurance had a nearly 13,000-customer decrease last week as private insurers could take policies through “depopulation.
homeowner's insurance

Citizens Property Insurance approves reinsurance coverage

Florida’s Citizens Property Insurance approved spending as much as $750 million on reinsurance for backup coverage before hurricane season.
teacher in class

Education and insurance bills are sent to the Florida governor

A bill limiting teacher preparation programs and one moving policies out of the state’s Citizens Property Insurance have been sent to Florida Gov. DeSantis.
homeowner's insurance

Citizens Property Insurance touts that private companies are taking over its policies

Private insurers pulled more than 275,000 policies last year from Florida’s Citizens Property Insurance and nearly 115,000 this year,
homeowner's insurance

The number of Citizens Property Insurance policies goes down in Florida

Citizens had about 1.162 million policies Friday, down from 1.18 million policies a week earlier.
Citizens Property Insurance

CEO: Citizens Property Insurance “will always be able” to pay claims, despite what Ron DeSantis claims

Senate Budget Chair Sheldon Whitehouse sent a letter that cited a recent comment by Florida Gov. Ron DeSantis that Citizens is “not solvent.”
homeowner's insurance

The U.S. Senate wants info from Florida’s Citizens Property Insurance

"... according to Florida’s own governor, Citizens faces a major solvency crisis and would be unable to pay out all claims and expenses should a major storm hit Florida,” Sen. Sheldon Whitehouse wrote.
homeowner's insurance

Florida lawmakers pass changes to Citizens Insurance

The Florida House passed a bill that could lead to at least some second homes moving from Citizens to the private insurance market.
homeowner's insurance

Private insurers get the okay to take Citizens Property Insurance policies in Florida

Florida regulators approved proposals by three private insurers to take 54,386 policies from the state’s Citizens Property Insurance.
homeowner's insurance

A higher cap on coverage under Florida’s Citizens Property Insurance is possible

The Florida Senate Fiscal Policy Committee approved a bill that could let homes valued at more than $700,000 be covered by Citizens Property Insurance.

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