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Citizens Property Insurance Corp. plans to eliminate homeowners coverage on roughly 7,500 coastal homes valued at $2 million or more and reduce the amount of homeowner liability coverage in a measure designed to reduce the size of the state-backed insurer and corresponding risk to Florida taxpayers.

Citizens Property Insurance Corp. plans to eliminate homeowners coverage on roughly 7,500 coastal homes valued at $2 million or more and reduce the amount of homeowner liability coverage in a measure designed to reduce the size of the state-backed insurer and corresponding risk to Florida taxpayers.

In the aftermath of a major catastrophe, recovery will require the government and the private sector to work together. And input from the insurance industry is needed, say state officials.

Promotions with Paul Davis, Cooper Gay Re and Willis.

The third largest U.S. insurer of both personal lines passenger auto and homeowners insurance resolved a lawsuit involving PIP and Med-Pay benefits.

Promotions with Paul Davis, Cooper Gay Re and Willis.