A Citizens Insurance executive said flooding, like what happened to this street in Tarpon Springs during Hurricane Helene, is one of the reasons the company denies half of all claims that its ...

Also in March, the Florida Office of Insurance Regulation (OIR) approved three private insurers – Mangrove Property Insurance ...

Some large insurers that posted huge osmosis due to storms last year could face ceiling losses again. The NOAA expects 2025 ...

SOME INSURANCE EXPERTS ARE SPEAKING OUT AGAINST A REPORT BY A PALM BEACH GARDENS RATINGS COMPANY THAT SAID CITIZENS INSURANCE HAS THE LOWEST RATE OF PAYING CLAIMS STATEWIDE. OUR STEVE KING IS IN ...

Citizens Property Insurance Corp. saw a record-breaking decrease in policies, indicating a potential recovery in Florida's private insurance market. Some lawmakers argue that shrinking Citizens ...

An exodus of national insurance companies from Florida, combined with local private insurers canceling plans, has left many homeowners there with only one option: Citizens Property Insurance Corp ...

Citizens offers cheap rates to Florida homeowners who can't get affordable coverage elsewhere. But private insurance is a better option most of the time. Citizens offers basic coverage for an ...

TALLAHASSEE - Amid long-running efforts to shift customers into the private market, the number of homeowners insured by the state's Citizens Property Insurance Corp. plunged last week. Citizens ...

Most customers of state-run Citizens Property insurance Corp. in Broward and Miami-Dade counties will see substantial rate ...

But the hardening underwriting market has left a gap, leaving some buildings uninsurable, said Jay Adams, chief insurance officer of Citizens Property Insurance Corp., in speaking to the Actuarial ...

Despite Gov. Ron DeSantis recently touting lower insurance rates, Citizens Property Insurance Corp. customers in Tampa Bay will see average premium increases of over 12% this year. At a news ...