Citizens Property Insurance Corporation
Recent News About Citizens Property Insurance Corporation
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Litigated property insurance claims continue to batter Florida, Citizens reports
Litigated claims remain a potent factor in Florida’s increasingly challenging property insurance market as recent reform measures have yet to yield tangible benefits, Citizens Property Insurance Corp. officials said at a recent board meeting. -
Citizens says company remains strong despite reduced rate increase
Citizens Property Insurance Corp, the insurer of last result in Florida, remains on solid financial ground despite regulators deciding not to give the state-run company its requested overall rate increase last month, company officials said. -
Defendants agree to settle Citizens' insurance fraud lawsuit for $1 million
Three companies accused by Citizens Property Insurance Corp. of fraudulently increasing property damage claims amounts over multiple years have agreed to pay Citizens $1 million to settle a lawsuit. -
Florida property insurers seeing year-after-year jumps in litigated claims
The number of lawsuits filed against Florida’s state-run Citizens Property Insurance Corp. rose by a third from 2020 to 2021 as Citizens took on a rising level of claims amid uncertainties in the state’s property insurance market. -
Litigation cited as key factor in Florida's property insurance meltdown
Battered by natural disasters and the man-made peril of frivolous and sometimes fraudulent litigation, Florida’s property insurance industry now finds itself burdened by financial losses and seeking rate hikes. -
Data indicates decline in Florida AOB property insurance litigation
TALLAHASSEE -- Florida assignment of benefits lawsuits involving property insurance have been dropping since an AOB reform bill took effect in July, according to preliminary data. -
Citizens Property Insurance: AOB reform good for consumers, 'jury still out' on litigation portion
TALLAHASSEE (Florida Record) – Assignment of benefits (AOB) reforms that took effect earlier this week will be a boon for consumers but it isn't clear whether litigation provisions will reduce lawsuit abuse in Florida, according to a spokesman for the state-backed Citizens Property Insurance Corporation. -
St. Petersburg homeowner alleges insurance provider failed to pay for water damage
CLEARWATER — A St. Petersburg homeowner is suing a liability insurer, alleging breach of insurance policy involving water damage. -
Clearwater property owner alleges insurance company failed to cover hurricane damage
CLEARWATER — A Clearwater property owner is suing a licensed insurer, alleging breach of an insurance contract regarding hurricane damage. -
Margate property owner alleges insurer failed to cover hurricane damage
FORT LAUDERDALE — A Margate property owner is suing an insurance company, alleging refusal to apply payments for hurricane damages. -
Pinellas County homeowners allege insurer refused to cover hurricane damage
CLEARWATER — Two Pinellas County homeowners are suing an insurance company, alleging refusal to apply payments for hurricane damage. -
Florida appeals court orders new trial in insurance coverage dispute
LAKELAND, Fla. – The Second District Court of Appeal has ordered a new trial in a breach of contract case against Citizens Property Insurance Corporation. -
Florida AOB bill passes Senate insurance panel despite business opposition
TALLAHASSEE – A Florida Senate panel gave a thumbs-up Tuesday to a bill that would prevent property insurers from including attorney fees and other legal costs in their rate base, despite opposition from insurance firms and other business interests. -
Citizens Property Insurance Corporation accused of breaching insurance contract
Two individuals are suing Citizens Property Insurance Corporation for alleged breach of contract. -
Citizens Property Insurance Corporation accused of breaching insurance contract
An individual is suing Citizens Property Insurance Corporation for alleged breach of contract. -
Citizens Property Insurance Corporation allegedly breached insurance contract
An individual is suing Citizens Property Insurance Corporation for alleged breach of contract. -
Citizens Property Insurance Corporation accused of breaching insurance contract
Two individuals are suing Citizens Property Insurance Corporation for alleged breach of contract. -
Citizens Property Insurance Corporation accused of breach of contract
A company is suing Citizens Property Insurance Corporation for alleged breach of contract. -
Citizens Property Insurance Corporation accused of breach of contract
A homeowner is suing Citizens Property Insurance Corporation, citing alleged breach of contract. -
St. Petersburg homeowner alleges insurance company has failed to cover damages
CLEARWATER – A St. Petersburg property owner alleges her insurer has failed to pay her benefits for damages to her home.