Dec 13, 2017
Insurer Citizens expects to get bigger after Irma After Hurricane Irma stung property insurers for $6.3 billion in claims and counting, Florida’s state-run and second-largestcarrier expects to add customers in 2018. Charles Elmore reports for the Palm Beach Post. Citizens …
Dec 7, 2017
Citizens Insurance Customer? There’s a Change in Your Rate Change Customers who get wind-only coverage from Citizens could fare a little better, with an approved increase just under 1 percent. The Palm Beach Post’s Charles Elmore reports for the “Protecting …
Dec 6, 2017
The introduction of private capital and the development of a credit risk transfer mechanism could help the Federal Housing Finance Agency more effectively manage the taxpayer risk from its portfolio of first-time homebuyers, low-income borrowers, and consumers with limited credit …
Dec 6, 2017
The Florida Office of Insurance Regulation (“OIR”) advised today, December 6, 2018, that it has established the 2018 personal and commercial property insurance rates for Citizens Property Insurance Corporation (“Citizens”). This action comes after a postponement in the rate filing …
Dec 6, 2017
Florida Senate Eyes Possible No-Fault Insurance Repeal A key Senate Committee next month will take up a Proposal that would replace the State’s No-Fault Auto Insurance System, while a similar Bill has already sped to the House Floor. THE NEWS …
Dec 5, 2017
PCI Calls on Florida Senate Insurance Committee to Approve Auto Glass Assignment of Benefits Legislation The Property Casualty Insurers Association of America called on the Florida Senate Banking and Insurance Committee to pass Senate Bill 396, which seeks to curb …
Florida’s Citizens Property Insurance Claims Committee to Review Hurricane Irma Response, Litigation
Dec 4, 2017
Florida’s Citizens Property Insurance Corporation (“Citizens”) has been served with 23 Hurricane Irma-related lawsuits since the storm struck the State on September 10. That number is expected to increase sharply during the First Quarter of 2018, according to an overview …
Dec 4, 2017
The Florida Senate Committee on Banking and Insurance (“Committee”) meets tomorrow, December 5, 2017, with a packed agenda of insurance-related bills for consideration. The two-hour meeting, which is scheduled to begin at 10 a.m. (ET), will be available for viewing …
Dec 4, 2017
The Florida House of Representatives’ Select Committee on Hurricane Response and Preparedness meets today, December 4, 2017, at 3 p.m. (ET) to review a substantial list of Member recommendations intended to improve government actions and coordination in regard to hurricanes …
Dec 4, 2017
Nearly 1,200 Buildings in the Keys were Destroyed by Hurricane Irma Included in the number are 727 Structures in Unincorporated Monroe County. Not included are mobile homes because is many instances, Inspectors couldn’t match a structure with a Lot because …