Citizens Property Insurance

Citizens was originally created as an insurer of last resort, but it has seen huge growth since mid-2020 as private insurers have raised rates and reduced policies to try to stem financial losses.

They include a requirement for out-of-state online retailers to collect sales taxes on purchases made by Floridians, and surveys to assess the “intellectual freedom and viewpoint diversity” at state colleges and universities.

The idea is to control costs in the hopes of bringing more insurers into Florida. But will it work?

Florida lawmakers passed a plan that could lead to larger rate increases for customers of Citizens Property Insurance Corp. and steps to curb roof-damage claims and lawsuits.

The Senate bill includes a limit on the amount homeowners could receive for roof damage.

Rate changes would vary, with owners of condos and mobile homes seeing a larger increase.

The Florida Office of Insurance Regulation has approved new rates for Citizens Property Insurance Corp. customers that will increase average rates for…

Florida homeowners who insure their property through a state-created insurance company will see an average 6.6 percent increase in their multi-peril…

Imagine leaving for work in the morning and finding out a few hours later that your home and every possession within it has been swallowed by the earth.…

Imagine leaving for work in the morning and finding out a few hours later that your home and every possession within it has been swallowed by the earth.…

Sinkholes are making headlines again in Florida, and that has many homeowners concerned about how such a disaster could impact their neighborhoods.This…