Citizens Insurance policies drop below million
TALLAHASSEE - The number of Floridians insured by Citizens Property Insurance Corp. fell below 1 million last month and is expected to drop to 907,000 by the end of the year.
Citizens Insurance says it denies half of all claims because it covers riskiest policies
An executive of state-owned Citizens Property Insurance Corp. said a report this week finding that the company denies half of all claims submitted by its policyholders is “very
Florida’s Citizens Property Insurance Shrinks Below 1 Million Policies
In a positive sign for Florida's troubled property insurance market, the number of policies held by the state-backed insurer of last resort, Citizens Property Insurance Corp., has dipped below 1 million.
Florida's Citizens Insurance has fewer than 1 million policies
Republicans will have a narrow majority in the House, with Democrats flipping one final seat in California, leaving GOP leaders with even less margin for error.
Opinion
Florida Citizens’ insurance claim closures need closer look | Opinion
The new analysis of Citizens’ claim denials isn’t the only reason there’s more focus on the state-run insurance company. As reported by the news outlet NOTUS in October, Citizens also reportedly denied 77% of claims from Hurricane Debby in August, which hit the Big Bend area.
Citizens policies drop below 1 million
State leaders want to minimize the number of policies in Citizens, at least in part because of financial risks if the state gets hit by a major hurricane or multiple hurricanes.
Florida's insurer of last resort down to fewer than 1M policies
Florida's insurer of last resort down to fewer than 1M policies
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