Citizens Property Insurance http://wlrn.org en Despite Record Surplus, Citizens Coastal Policyholders Likely To See Rate Increases http://wlrn.org/post/despite-record-surplus-citizens-coastal-policyholders-likely-see-rate-increases <p></p><p><span style="line-height: 1.5;">Now that the hurricane season's begun, state-backed insurer Citizens Property Insurance assures everyone, it’s in the best shape it’s ever been.</span></p><p><span style="line-height: 1.5;">That may be cold comfort for former customers now with smaller insurers, or current customers living on the coast who may still see rate increases.</span></p><p>Citizens CEO Barry Gilway says after shedding thousands of policies, the company is in a very good position.</p> Mon, 02 Jun 2014 18:26:23 +0000 Elaine Chen 33295 at http://wlrn.org Despite Record Surplus, Citizens Coastal Policyholders Likely To See Rate Increases The Florida Roundup: Is South Florida All Aboard? http://wlrn.org/post/florida-roundup-south-florida-all-aboard <p></p><p><span style="color: rgb(51, 51, 51); font-family: 'lucida grande', tahoma, verdana, arial, sans-serif; font-size: 14px; line-height: 20px;">Designers of All Aboard Florida's Miami station say the complex will remake downtown. But folks between the train's proposed stations aren't so thrilled with potentially 16 trains each way barreling through their neighborhoods.&nbsp;</span></p> Fri, 30 May 2014 15:24:53 +0000 Elaine Chen 33183 at http://wlrn.org The Florida Roundup: Is South Florida All Aboard? Citizens Rolls Out Property-Insurance Clearinghouse http://wlrn.org/post/citizens-rolls-out-property-insurance-clearinghouse <p><span style="line-height: 1.5;">A program aimed at shrinking billions of dollars in liability from Florida’s state-run insurance company launches Monday, Jan. 27.</span></p><p>Citizens Property Insurance is widely known as Florida’s insurance company of last resort. &nbsp;In actuality, it's become a major player in the insurance marketplace.&nbsp; State lawmakers felt that Citizens’ $500 billion of risk was too much for Floridians to shoulder. &nbsp;So they've been trying to shift policyholders from Citizens into the private market.</p> Mon, 27 Jan 2014 18:55:30 +0000 Christine DiMattei 26939 at http://wlrn.org Citizens Rolls Out Property-Insurance Clearinghouse Citizens Approved For 6.3 Percent Hike On Homeowners http://wlrn.org/post/citizens-approved-63-percent-hike-homeowners <p>Homeowners covered by Citizens Property Insurance Corp. will see an average rate increase of 6.3 percent next year.</p><p>The increase, approved Monday by the Office of Insurance Regulation, is down from a 7.9 percent hike requested on the combined personal-lines and coastal accounts. Citizens officials previously said a 7.9 percent increase wouldn't be enough to cover the projected costs for next year.</p><p>The increase doesn't include sinkhole coverage.</p> Mon, 09 Sep 2013 22:08:48 +0000 Jim Turner & News Service Of Florida 20339 at http://wlrn.org Citizens Approved For 6.3 Percent Hike On Homeowners Why Florida Picks Fights With The U.S. http://wlrn.org/post/why-florida-picks-fights-us <p></p><p>Florida’s top prosecutor wants to overturn a federal gun law and <a href="http://miamiherald.typepad.com/nakedpolitics/2013/09/florida-joins-nra-lawsuit-against-federal-gun-restrictions.html" target="_blank">allow 18 year-olds to own handguns</a>. &nbsp;It’s just the latest example of the Sunshine State battling the federal government. &nbsp;It’s done it over health care, voting rights and now gun control. &nbsp;</p> Fri, 06 Sep 2013 16:33:21 +0000 Elaine Chen 20174 at http://wlrn.org Why Florida Picks Fights With The U.S. Florida Senate Passes Bill To Overhaul Citizens Insurance http://wlrn.org/post/florida-senate-passes-bill-overhaul-citizens-insurance <p><strong>UPDATE 4:36 p.m. - The Florida Senate passed SB 1770 today, 24-15.</strong></p><p><span style="color: rgb(34, 34, 34); font-family: Arial; font-size: 13px; line-height: normal; ">Sen. David Simmons, R-Maitland, believes he has the votes to put his sweeping overhaul of Citizens Property Insurance Corp. up for a final vote in the Senate on Thursday.</span></p> Thu, 25 Apr 2013 20:16:36 +0000 Jim Turner 13028 at http://wlrn.org Florida Senate Passes Bill To Overhaul Citizens Insurance Top News This Week In South Florida: Dolphins Referendum, Venezuelan Election And Medicaid http://wlrn.org/post/top-news-week-south-florida-dolphins-referendum-venezuelan-election-and-medicaid <p></p><p>Join us for an hour of conversation about the week's news on The&nbsp;Florida Roundup, live at noon on&nbsp;WLRN. &nbsp;Here's what we're watching:</p><p></p> Fri, 12 Apr 2013 16:00:00 +0000 Elaine Chen 12264 at http://wlrn.org Top News This Week In South Florida: Dolphins Referendum, Venezuelan Election And Medicaid Florida Legislature Must Face Homeowner Insurance Debacle http://wlrn.org/post/florida-legislature-must-face-homeowner-insurance-debacle <p></p><p></p><p><span style="line-height: 1.5;">Two months ago, I was forced cancel my windstorm insurance due to the high deductions, meager coverage and exorbitant cost. For the past four years, the insurance lobby has run wild in their insatiable demand for bigger profits for insurance companies already flush with cash.</span></p> Tue, 12 Mar 2013 18:01:39 +0000 Richard McCormick 10638 at http://wlrn.org Florida Legislature Must Face Homeowner Insurance Debacle Citizens Property Insurance Could Require Two On Board To Hail From South Florida http://wlrn.org/post/citizens-property-insurance-could-require-two-board-hail-south-florida <p></p><p><span style="line-height: 1.5;">There are seven faces behind Florida’s largest home insurer. But there could be eight. Or nine.</span></p><p>And two might have to be South Florida cardholders.</p><p><a href="http://www.newsserviceflorida.com/assets/briefs3.aspx?Select=2013270" target="_blank">According to the News Service of Florida</a>,</p> Tue, 05 Mar 2013 17:00:00 +0000 Allison Goodman 10314 at http://wlrn.org Citizens Property Insurance Could Require Two On Board To Hail From South Florida