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Citizens insurance: Why half of 2023 homeowner property damage claims closed without paymentThis story has been updated because it contained an inaccuracy. In the first meetings of officials from Citizens Property Insurance Corp. since back-to-back hurricanes raked Florida this year ...
This week, we told you about one homeowner losing his Citizens Insurance coverage. So, we wanted to find out about the ...
On Jan. 1, Citizens began requiring all policies insuring properties valued at $600,000 or more to purchase flood insurance.
Citizens windstorm insurance for all. Closing loopholes for a “bad-faith” insurance claim. Creation of an insurance advisory council. Requiring mediation before policyholders can sue their ...
But if it were, its average premium for regular homeowner's insurance would have to almost double. Citizens Property Insurance policies continue to be significantly underpriced compared to private ...
Also in March, the Florida Office of Insurance Regulation (OIR) approved three private insurers – Mangrove Property Insurance ...
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 ...
This comes following a prolonged period of hardened market conditions characterized by steep premium hikes and reduced capacity, as well as rapid growth for Citizens Property Insurance Corporation, ...
Citizens Property Insurance Corp. will relocate its Jacksonville office from downtown to the Southside in 2026. The move will impact roughly 1,000 employees and comes despite appeals from city ...
In the first meetings of officials from Citizens Property Insurance Corp. since back-to-back hurricanes raked Florida this year, the state’s largest insurer acknowledged data showing half of ...
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