What if every Floridian homeowner had Citizens Insurance? Why not just expand state-run Citizens Property Insurance Corp. to cover all homeowners in Florida? Tribune News Service · Jan 16, 2023
Editorial: After Hurricane Ian, build back different Florida’s home-insurance business was in trouble even before Hurricane Ian tore across the state last month. Big insurers were taking their business elsewhere, smaller ones were going broke, costs due to litigation and fraud had soared, and so had premiums. The private market was pulling back as the risk of… Tribune News Service · Oct 12, 2022
As Florida home values soar, calls grow to increase Citizens Insurance eligibility cap to $1 million statewide Inflation is making thousands of Florida houses and condos ineligible for coverage by Citizens Property Insurance Corp., the state-owned “insurer of last resort.” Tribune News Service · Jul 12, 2022
Grim new developments reveal more trouble in Florida home insurance market Florida’s home insurance availability crisis continues to claim new victims, and worries are mounting that more companies could be declared insolvent as this year’s hurricane season draws near. Tribune News Service · Mar 29, 2022