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Citizens Property Insurance Corp. customers will see increased average rates for residential personal-lines policies by just under 4.7 percent, down from an earlier plan for an 8.2 percent hike.
KEV COOK / FLICKR

The Florida Office of Insurance Regulation has approved new rates for Citizens Property Insurance Corp. customers that will increase average rates for residential personal-lines policies by just under 4.7 percent, down from an earlier plan for an 8.2 percent hike.

The new rates, which will vary for individual policyholders depending on details of their coverage and locations, will go into effect Dec. 1. The planned 8.2 percent hike was approved in December but did not take effect.

House Panel Sides With Doctors On Insurance Claims

Feb 15, 2018

A bill that would restrict the ability of health insurers and HMOs to retroactively deny claims passed the House Appropriations Committee on Wednesday, scoring a victory for physicians.

Senate Targets Insurance Claim Denials

Feb 9, 2018

Health insurers and health-maintenance organizations would be banned from retroactively denying claims if they verified eligibility at the time of treatment and provided authorization numbers, under a bill that moved forward Thursday in the Florida Senate.

Irma Insurance Claims Already Near $2 Billion In Florida

Sep 20, 2017

With 335,000 insurance claims representing $1.9 billion in property losses, Hurricane Irma has already exceeded the claims and losses from the two hurricanes that pummeled Florida last year, the state Office of Insurance Regulation reported Monday.

Irma Insurance Claims Already Near $2 Billion

Sep 19, 2017
Kev Cook / Flickr

With 335,000 insurance claims representing $1.9 billion in property losses, Hurricane Irma already has exceeded the claims and losses from the two hurricanes that pummeled Florida last year, the state Office of Insurance Regulation reported Monday.

Florida’s largest private insurer is urging customers to file claims as quickly as possible in the wake of Hurricane-turned-Tropical Storm Irma.