Category: Insurance Regulatory News

Citizens Property Insurance Actuarial and Underwriting Committee Addresses High Executive Turnover; Recommends 2013 Rate Increases for Certain Commercial Residential Policies and a Buy-Back Proposal for Additional Mobile Home Structures

Mar 7, 2013

  A top Citizens Property Insurance Corporation (“Citizens”) executive blamed negative media coverage and constant scrutiny for the recent exodus of five top managers during Citizens Actuarial and Underwriting Committee (“Committee”) meeting on March 5, 2013. “What I am most …