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Tag: homeowners insurance

South Florida homeowners fear what’s next as Citizens Insurance confirms thousands will go to private insurers
News

South Florida homeowners fear what’s next as Citizens Insurance confirms thousands will go to private insurers

October 11, 2024October 11, 2024

MIAMI — Fear is growing among some homeowners in South Florida as Citizens Property Insurance Corp. confirms thousands of policyholders will go to private insurers.

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Hurricane Helene insured losses in Florida near .14 billion
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Hurricane Helene insured losses in Florida near $1.14 billion

October 10, 2024October 11, 2024

TALLAHASSEE – Estimated insured losses in Florida from Hurricane Helene continue to climb, nearing $1.14 billion on Wednesday. Data posted online by the state Office of

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Analysis: Hurricane Milton poses “threat” to insurance market
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Analysis: Hurricane Milton poses “threat” to insurance market

October 9, 2024October 9, 2024

TALLAHASSEE – Hurricane Milton “poses a significant threat to the Florida property insurance market,” particularly for insurers that focus their business on the state, the

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Citizens Property Insurance to shed policies in December
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Citizens Property Insurance to shed policies in December

October 8, 2024October 8, 2024

TALLAHASSEE – Florida regulators have approved proposals by private insurers to take more than 300,000 policies in December from Citizens Property Insurance Corp., as the

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Hurricane Helene insurance losses likely in billions
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Hurricane Helene insurance losses likely in billions

September 26, 2024September 26, 2024

TALLAHASSEE — Hurricane Helene could cause $3 billion to $6 billion in private insurance losses and as much as $1 billion in losses in federal

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Citizens’ policyholders could drop below 900,00 at end of year
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Citizens’ policyholders could drop below 900,00 at end of year

September 25, 2024September 26, 2024

CBS News Miami Live TALLAHASSEE – Expecting a surge of policies going to private insurers, the state’s Citizens Property Insurance Corp. could have fewer than

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Florida regulators approve insurers to take Citizens policies
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Florida regulators approve insurers to take Citizens policies

August 2, 2024August 3, 2024

TALLAHASSEE — Florida regulators this week approved proposals that would allow private insurers to take more than 400,000 policies from the state’s Citizens Property Insurance

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Regulators eye Citizens insurance hikes
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Regulators eye Citizens insurance hikes

August 2, 2024August 2, 2024

TALLAHASSEE –  Florida regulators Thursday dug into a proposal that would lead to double-digit rate increases for customers of Citizens Property Insurance Corp., as the

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Polling Starts On Homeowners Insurance Special Session
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Polling Starts On Homeowners Insurance Special Session

April 15, 2022April 15, 2022

TALLAHASSEE (CBSMiami/NSF) – State lawmakers have until noon Monday to respond to a poll on Sen. Jeff Brandes’ push to hold a special session about

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Polling Starts On Homeowners Insurance Special Session
News

South Florida Homeowners In The Midst Of A Property Insurance Crisis

April 7, 2022April 7, 2022

FORT LAUDERDALE (CBSMiami) – George Colbert has lived 16 years in his Wilton Manors home. As flooding has increased, he’s seen his flood insurance rates

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