The industry is calling for Florida Gov. Rick Scott to sign SB 1770a bill touted as yet another positive step toward stabilizing the Sunshines States property insurance market.
The industry is calling for Florida Gov. Rick Scott to sign SB 1770a bill touted as yet another positive step toward stabilizing the Sunshines States property insurance market.
The new rates on homeowners' and dwelling fire policies take effect on Jan. 1 for new and renewal multi-peril business, and Feb. 1 for new and renewal wind-only business.
The new rates on homeowners' and dwelling fire policies take effect on Jan. 1 for new and renewal multi-peril business, and Feb. 1 for new and renewal wind-only business.
An analysis developed by Citizens Property Insurance Corp. shows that Florida policyholders could be on the hook for significant assessments if the state gets hit by a major storm.
Citizens Property Insurance Corp. has launched a broader Inspection and Outreach Program to ensure that personal and commercial policyholders are receiving accurate wind mitigation credits.