/tags/citizens-property-insurance citizens property insurance en-US WLRN Mon, 11 Mar 2024 15:11:33 GMT /business/2024-03-11/florida-home-insurance-market-hurricanes-litigation Three primary factors are driving the insurance challenge: natural disasters are becoming more common and costly; the price of reinsurance is skyrocketing; and Florida’s litigation-friendly environment compounds the issue by making it easy for customers to sue their insurers. Mon, 11 Mar 2024 15:11:33 GMT /business/2024-03-11/florida-home-insurance-market-hurricanes-litigation Latisha Nixon-Jones| The Conversation /government-politics/2023-10-04/citizens-extends-depopulation-program-deadline-to-oct-10 The state-run company is giving customers until Oct. 10 to either accept or decline an offer to switch to the private market, which will help lower the insurer's risk exposure. Wed, 04 Oct 2023 17:48:52 GMT /government-politics/2023-10-04/citizens-extends-depopulation-program-deadline-to-oct-10 Lillian Hernández Caraballo /business/2023-07-18/farmers-property-insurance-florida Farmers is the latest insurance company to pull out of Florida. The moves leaves tens of thousands of customers facing the daunting task of finding new carriers. Tue, 18 Jul 2023 14:05:07 GMT /business/2023-07-18/farmers-property-insurance-florida Lynn Hatter /state/2022-12-15/florida-lawmakers-seeking-to-calm-property-insurance-storm The Florida House has passed sweeping legislation that would overhaul the state’s property insurance system, which has struggled due to insolvencies, high costs and major storms. Thu, 15 Dec 2022 12:30:00 GMT /state/2022-12-15/florida-lawmakers-seeking-to-calm-property-insurance-storm Curt Anderson | Associated Press, Brendan Farrington/Associated Press /news/2022-07-14/citizens-could-surpass-1-million-florida-insurance-policies-this-year It comes as private insurers have shed customers and sought rate increase due to financial troubles. Thu, 14 Jul 2022 19:35:00 GMT /news/2022-07-14/citizens-could-surpass-1-million-florida-insurance-policies-this-year Jim Saunders - News Service of Florida /news/2022-05-27/florida-gov-desantis-signs-property-insurance-legislation Governor Ron DeSantis signed into law Thursday two bills proposed during the special legislative session that was held this week to address the state's troubled property insurance system. Fri, 27 May 2022 10:20:48 GMT /news/2022-05-27/florida-gov-desantis-signs-property-insurance-legislation Anthony Izaguirre | the Associated Press /local-news/2022-05-25/florida-lawmakers-are-adding-condo-reform-to-their-special-session-on-property-insurance The state legislature has added condo building reform to this week’s special session on property insurance. Lawmakers faced pressure to overhaul current laws after a deadly building collapse in South Florida last year, but the two chambers failed to reach a compromise during the regular legislative session. Wed, 25 May 2022 09:39:46 GMT /local-news/2022-05-25/florida-lawmakers-are-adding-condo-reform-to-their-special-session-on-property-insurance Sarah Mueller /news/2022-05-24/florida-senators-propose-property-insurance-changes-aimed-at-stabilizing-market Florida lawmakers began moving forward Monday with a plan to try to bolster the state’s troubled property-insurance market, but homeowners shouldn’t expect immediate relief from soaring premiums. Tue, 24 May 2022 11:17:54 GMT /news/2022-05-24/florida-senators-propose-property-insurance-changes-aimed-at-stabilizing-market /2022-05-23/a-perfect-storm-of-problems-plague-floridas-home-insurance-market The home insurance market is broken with companies collapsing or leaving — raising costs and risks for homeowners. Mon, 23 May 2022 16:33:07 GMT /2022-05-23/a-perfect-storm-of-problems-plague-floridas-home-insurance-market Tom Hudson /2022-05-11/property-insurance-cooking-on-a-budget-and-the-complicated-legacy-of-xxxtentacion Legislators are heading back to Tallahassee soon to talk about rising property insurance policy rates. Plus, the Camillus House has a new program to help families learn how to cook healthy meals that are not expensive. And we speak to the director behind a new documentary about the late South Florida rapper XXXTentacion. Wed, 11 May 2022 22:20:39 GMT /2022-05-11/property-insurance-cooking-on-a-budget-and-the-complicated-legacy-of-xxxtentacion Leslie Ovalle Atkinson, Caitie Muñoz