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insurance

homeowner's insurance

Hearing set on double-digit percentage Citizens Property Insurance rate hikes

The proposal in part, would lead to an average 13.5 percent rate increase for the most common type of Citizens insurance policy.
Citizens Property Insurance

Citizens Property Insurance now has 1.22 million Florida policies

Florida’s Citizens Property Insurance Corp. added more than 5,000 policies last week and topped an overall total of 1.22 million policies.
Citizens Property Insurance

It cost $482 million for Florida’s Citizens Property Insurance to buy reinsurance this year

Reinsurance plays a critical role in the Florida market, as it can help insurers pay claims if hurricanes cause major damage.
stethoscope on money

Florida appeals in a dispute over children’s health insurance

Florida is appealing in a dispute about new federal guidelines in a program that provides subsidized health-insurance to children.
Citizens Property Insurance

Citizens Property Insurance adds more Florida policies

Citizens officials have said they do not expect private carriers to take out policies over the next few months.
Homeowner's insurance property insurance

Tom Gallagher is named to the Florida Insurance Guaranty Association Board of Directors

Florida's CFO has named one of his predecessors, Tom Gallagher, to the Florida Insurance Guaranty Association Board of Directors.
school bus

A court backs Florida school boards on bus accident PIP insurance payments

A court ruled that school boards are not required to reimburse an insurance company for medical expenses of people injured in accidents.
Homeowner's insurance property insurance

The cost of reinsurance in Florida declines

Florida property insurers found better prices and more availability when purchasing reinsurance coverage.
Citizens Property Insurance

More than 1.2 million Floridians still have Citizens Property Insurance

The state’s Citizens Property Insurance Corp. topped 1.211 million policies last week, as it continued to add thousands of customers.
homeowner's insurance

Citizens Property Insurance supports rate hikes for its customers

Citizens Property Insurance Board of Governors backed a proposal for customers to see double-digit rate increases in 2025.
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,

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