TELL US: Have you gotten a letter from Citizens offering you to switch to another insurer?Citizens Property Insurance, the stateโs โinsurer of last resortโ is sending policyholders letters that says theyโve received an offer of coverage from another private market insurance company.
Deadline nearing for some Citizens policyholders to add flood insurance in FloridaRules for new Citizens Property Insurance policyholders is part of legislation that was passed during a special session.
Florida lawmakers leave out Citizens insurance issuesWith more than 850,000 policies, the state-backed Citizens Property Insurance Corp. has become an 800-pound gorilla in Floridaโs troubled insurance market.
Florida property insurance industry still in a state of crisisThe Florida property insurance market is still in a state of crisis, suffering a nearly $1 billion loss in 2020 alone.