Posted inNews
Florida approves homeowners insurance firms to take up to 202,000 Citizens policies
The orders do not mean that the seven insurers will take the full numbers of approved policies from Citizens
Florida insurance
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Citizens, Florida’s home insurance of last resort, ordered to trim proposed rate hikes
Citizens this year asked the Office of Insurance Regulation for approval of an overall 13.3 percent rate increase.
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Citizens, Florida’s state-backed property insurance of last resort, hits 1.35 million policies
Citizens added nearly 9,600 policies last week as it continues to see explosive growth
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Citizens, Florida’s insurer of last resort, on path to hit 1.7 million policies by 2024
As of Friday, Citizens had 1.322 million policies making it the largest property insurer in the state
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Farmers Insurance plows Florida homeowners, leaves state ‘to manage risk exposure’
The move will force tens of thousands of customers to look elsewhere for coverage
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Florida’s state-backed Citizens Insurance recommends a 12 percent rate increase on most primary residences
Increases could be dramatically higher for homes that are not primary residences
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Florida joins lawsuit challenging FEMA-backed overhaul of National Flood Insurance Program
The lawsuit argues the new system is flawed and will drive up premiums for property owners
