Citizens Insurance

Florida Legislature
4:16 pm
Thu April 25, 2013

Florida Senate Passes Bill To Overhaul Citizens Insurance

Sen. David Simmons, R-Maitland
Credit flsenate.gov

UPDATE 4:36 p.m. - The Florida Senate passed SB 1770 today, 24-15.

Sen. David Simmons, R-Maitland, believes he has the votes to put his sweeping overhaul of Citizens Property Insurance Corp. up for a final vote in the Senate on Thursday.

Simmons was busy lobbying his colleagues over the proposal (SB 1770) during the floor session on Wednesday after the measure was postponed for the second time in nine days from being put up for a final Senate vote.

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Citizens Property Insurance
12:00 pm
Tue March 5, 2013

Citizens Property Insurance Could Require Two On Board To Hail From South Florida

Sen. Anitere Flores, R-Miami, filed a bill in the Florida Senate Friday that would add a consumer advocate to Citizens Property Insurance Corp.'s board of directors. It would also require that two of the members hail from South Florida.
Credit Keerati / freedigitalphotos.net

There are seven faces behind Florida’s largest home insurer. But there could be eight. Or nine.

And two might have to be South Florida cardholders.

According to the News Service of Florida,

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Florida Property Insurance Rates
7:00 am
Wed February 27, 2013

How Will The Florida Legislature Tackle Property Insurance Rates? Good Question, Says Senator

Property insurance costs are high and on the rise in Florida.
Credit AMagill / Flickr Creative Commons

Getting a handle on property insurance rates is a top priority in the upcoming Florida Legislature 2013 regular session, but it's no easy task, according to popular consensus at Monday night's Town Hall session hosted by WLRN and the Miami Herald

"The legislature is in a terrible box," said Mary Ellen Klas, the capital bureau chief for the Miami Herald and a panelist at Monday's event. "This is one of the tough issues they have to grapple with."

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Community Contributor
2:00 pm
Tue February 19, 2013

Citizens Insurance Rate Hikes Seem Like Bait And Switch To This Homeowner

Florida Gov. Rick Scott hasn't made specific proposals for insurance reform, but legislators are considering a bill that could increase Citizens rates dramatically.
Credit Photo by Creative Commons user MrX

As a very young man, I remember getting a phone call from mom (then a bank VP) telling me to get my butt out of the house and get some money in my account because I was about to be overdrawn.  The point is, I learned from a very young age to watch my expenses and know how much I could afford. When funding a home, for instance, it always makes sense to try to figure not only what your current payments will be but to also adjust for things getting more expensive—such as taxes and insurance.

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The Florida Roundup
12:00 pm
Fri February 8, 2013

How The Dolphins Stadium Won State GOP Votes

A bill that would allow public money to help fund renovation for the Sun Life stadium unanimously passed a state Senate committee.
Credit Bogeskov

On the Florida Roundup: The Dolphins jump the first hurdles in their quest for public money to upgrade Sun Life Stadium.  

Rising tides on your street - how sea level rise could cost our region millions

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Town Hall on Session 2013
10:25 am
Tue February 5, 2013

Ask Us Anything: Archive Of Our Online Chat With Citizens Property Insurance

Despite the absence of any major hurricane for the past several years, property insurance rates have risen in Florida.
Credit cayobo

The price of property insurance in Florida keeps going up --  such that some homeowners are getting second mortgages or dropping coverage all together.  The state created Citizens Property Insurance to be the insurer of last resort for Florida homeowners. But plans to shrink Citizens by loaning money to private insurance companies and allegations of corporate misconduct have sparked outcries by some state officials and the public alike. 

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The Florida Roundup
12:00 pm
Fri February 1, 2013

Why An FBI Investigation Probably Won't Stop Immigration Reform

GOP opposition to immigration reform has been tempered by their loss of the Latino vote in the 2012 election.
Credit Anuska Sampedro

On the Florida Roundup: New immigration reform proposals are put on the table in Washington. How could a path to citizenship be traveled in immigrant-rich South Florida?   Plus we get the latest update on the FBI raid of a West Palm Beach eye doctor with connections with U.S. Senator Bob Menendez, a sponsor of a bipartisan immigration reform plan.

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Florida Insurance
11:00 am
Sun January 13, 2013

Why Florida Session Will Be Dominated By The Affordable Care Act And Other Insurance Issues

It's raining insurance policy in Tallahassee this spring.
Credit digitalart / freedigitalphotos.net

Affordable Care Act issues are expected to dominate discussions of insurance in the Legislature in the weeks ahead but lawmakers will also take swipes at workers compensation, hurricane preparations and Citizens Property Insurance Corp when they return.

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Property Insurance
9:00 am
Thu January 3, 2013

Florida Dodges Storms But Gets Smacked By Rising Insurance Rates

Citizens' new president says right now the company still charges far less than a private company would.
Credit Citizens Property Insurance Corporation

Florida has successfully dodged a major storm for a while now. But, the state's residents have not been so lucky at dodging rate increases on their property insurance.

Property insurance rates have been rising for millions of Floridians even though the state hasn't been directly hit by a hurricane in seven years.

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The Florida Roundup
2:00 pm
Fri November 30, 2012

How Climate Change Is Reshaping South Florida

The Keys are particularly vulnerable to a rise in sea level.

On The Florida Roundup: Hurricane season has officially ended.  South Florida was saved from any severe hurricanes, but we see the effects of climate change as beaches erode, roads crumble and flooding inundates parts of region.  

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Citizens Property Insurance
1:03 pm
Wed November 21, 2012

Sex Scandals, Big Spending And Shenanigans Found At Citizens Property Insurance

An internal investigation unearthed a history of sex scandals and other improprieties at Citizens Property Insurance.
Credit Citizens Property Insurance Corporation

An internal investigation of Citizens Property Insurance in Florida, a government-run home insurer of last resort and the state's largest insurer, found that the company has a sordid history of sex scandals, cover-ups and big spending. 

Recently, Citizens has gotten a lot of scrutiny because it has been consistently hiking up premiums or removing coverage from large numbers of people in the state.

However, a recent investigation found that the problems with the 10 year-old not-for-profit insurer starts with the people running the show over there in Tallahassee.

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