Citizens Property Insurance Corporation

News & Analysis as of

Florida High Court To Decide Whether State Insurer Is Immune From Statutory Bad Faith Claims

The Florida Supreme Court has accepted for review a First District decision holding that Florida’s state insurer of last resort, Citizens Property Insurance Corporation, is not immune from a statutory bad faith failure to...more

Attack on Citizens’ Bad Faith Immunity Receives a Chilly Reception at Florida Supreme Court

In 2002, the Florida Legislature created Citizens Property Insurance Company Corporation (Citizens) to make affordable insurance available to Florida citizens who were not otherwise able to obtain property insurance. In...more

Citizens Property Insurance Corp. – Florida Government in Action

Floridians need real help on insurance issues from our legislature and governor and it is not in the area of flood insurance premiums. Floridians need help with insurers who want to accept all the favorable legislation they...more

Capitol Report: Property Insurance Bill Creating Citizens Clearinghouse Passes 2013 Florida Legislature

Committee Substitute for Senate Bill 1770 (CS/SB 1770) passed by the 2013 Florida Legislature creates a “keep-out” clearinghouse to reduce the size and type of exposures insured by Citizens Property Insurance Corporation...more

Florida Legislature 2013 Pre-Session Report

The Florida Legislature will begin its 60 day annual regular session of passing new laws and regulations on March 5, 2013 and conclude on May 2, 2013. The major legislative issue areas the Florida Legislature will consider in...more

Citizens’ New Exposure Reduction Program Creates Opportunities for Private Insurers

On September 7, Citizens Property Insurance Corporation's Board of Governors approved — subject to formal approval by the Florida Office of Insurance Regulation — a Surplus Note Depopulation Program designed to encourage the...more

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