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Citizens Property Insurance

The Scoop: WMNF Daily News Digest

The Scoop: Wed., August 23, 2023 Tampa Bay & Florida headlines by WMNF

Suspect shot and killed Tampa Police officers and a Polk County sheriff deputy killed a man after coming under fire yesterday while working as U.S. Marshals serving a warrant in Riverview. The 39-year-old was the...
storm warnings and watches debris destruction

Citizens Property Insurance continues to add policies in Florida; it’s now over 1.3 million policies

The state-backed Citizens Property Insurance Corp. has topped 1.36 million policies, as it continues to add thousands of customers a week.
storm warnings and watches Lee County

Private insurers are approved to take some Florida policies from Citizens Insurance

Homeowners continue piling into the state-backed Citizens Property Insurance. Regulators approved private insurers taking 184,000 policies.
storm

Farmers Insurance exits Florida while Citizens Insurance adds 5,500 policies

Farmers Insurance will end residential, auto and umbrella policies in Florida, forcing tens of thousands to look elsewhere for coverage.
storm warnings and watches FPREN

Citizens Property insurance proposes double digit rate hikes for homeowners

The Office of Insurance Regulation is considering double-digit rate increases for Citizens Property Insurance customers across Florida. A new state regulation allows homeowner’s insurance rate increases of up to 50 percent for properties that are...
storm warnings and watches debris destruction

Major insurance issues teed up for Florida special session

Florida lawmakers could take major steps to try to stabilize the property insurance market during a special legislative session next week.
storm warnings and watches Lee County

After Hurricane Ian: Florida’s insurance system is in the crosshairs

Outgoing State Sen. Jeff Brandes thinks Hurricane Ian will shake the already-fragile property insurance market in Florida.

Preview of Citizens sinkhole insurance rate hike hearing at Tampa Convention Center

Many homeowners in the Tampa Bay region could face steep rate hikes on sinkhole insurance premiums. This afternoon there is a hearing at the Tampa Convention Center on proposed rate increases by state’s government-backed insurance...

Tampa Bay homeowners outraged over Citizens sinkhole insurance rate hikes

More than a hundred furious protestors shouted and waved signs outside Pasco County government offices yesterday. They rallied to protest massive rate hikes proposed for sinkhole insurance coverage. Last year there were far more sinkhole...

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