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Citizens insurance plans 19 percent rate hike for some condo buildings
Sun SentinelCitizens Property Insurance plans to raise premiums for the most valuable condominium associations by a statewide average of 19 percent on policies that cover fire, theft, hurricanes and other risks. The rate hike could affect tens of thousands of people...Tags: Miami (Miami-Dade, Florida), Palm Beach (Palm Beach, Florida), Condos, Rick Scott, Insurance
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What do port security, the Patriot Act and partisanship have in common?
In this edition of the Friday Files, we're looking at everything from political lies to a contest for Florida's most unpopular politician.
But first, I have a game for you to play:
This year, while no one was looking, President Barack Obama made...Tags: Government, Gary Siplin, Security Measures, Barack Obama, Don Gaetz
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Florida's sinkhole shakedown: Insurers' new pitfall
We can't catch a break. If the wind isn't howling from hurricanes, the ground must be collapsing from sinkholes.
Hence, the latest insurance crisis in Florida, where homeowners, public adjusters and attorneys are clamoring for settlement checks for...Tags: Sinkholes, Justice System, Metal and Mineral, Condos and Houses, Rentals
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Citizens adds employees as number of policies drops
Citizens Property Insurance Corp., the state-run insurer of last resort, has trimmed more than 26 percent of its customers since late 2007.
But the number of employees has grown by 17 percent.
"There isn't a company in the state who could sustain...Tags: Restaurants, Business Trips, Travel, Lifestyle and Leisure, Hurricanes
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Citizens Property Insurance to weigh office space bids for fourth time
For the fourth time in about two years, Citizens Property Insurance is preparing to review bids for new office space. Critics say the problems with the office space bids are just one more example of how the state-run insurance company mishandles...Tags: Architecture, Government, Health, Rentals, Property
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Citizens raises some property insurance premiums
Citizens Property Insurance is calculating the costs of rebuilding homes in a new way, and it's driving up some policyholders' premiums.
Insurance agents report mixed results, with some complaining that Citizens is inflating how much it will cost to...Tags: Natural Disasters, Science and Technology, Computing and Information Technology Industry, Meteorological Disasters, Hurricanes
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Florida insurers’ fees to affiliates questioned
Florida property insurers are pressing state legislators to allow them to raise rates without regulator approval, citing losses in recent years. But consumer advocates and regulators question the legitimacy of the losses after four hurricane-free years in...Tags: Consumers, Justice System, Marketing, Natural Disasters, Hurricanes
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Citizens insurance rethinks no-bid "emergency" contracts
South Florida Sun-SentinelCitizens Property Insurance plans to ask its board of governors to change a process that allows the company to approve contracts in emergency situations without competitive bidding. Chief Financial Officer Alex Sink said Thursday that the move is one...Tags: Emergency Planning, Crime, Law and Justice, Alex Sink, Disasters and Accidents, Fraud
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State Farm stays in Florida, but we all could pay more
South Florida Sun-SentinelState Farm won't pull out of Florida after all. But homeowners shouldn't rejoice just yet. The insurance giant will raise residential-property premiums by 14.8 percent. Florida Insurance Commissioner Kevin McCarty said Wednesday that an agreement...Tags: Justice System, Farms, Natural Disasters, Meteorological Disasters, Hurricanes
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Scott Maxwell and Mike Thomas: We agree on one thing: Legislative session is going to get ugly
Mike: Legislative sessions usually get as much attention as PBS documentaries. But that was before Rick Scott became the skinniest 800-pound gorilla ever to hit Tallahassee. We've never seen anything like this. No allegiances. No loyalties. No friends....Tags: Government, Government Health Care, Medicaid, Social Issues, Documentary (genre)
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Citizens Property Insurance won't cover some homes damaged by Chinese drywall
The state's insurer of last resort says it will not provide coverage for homes with extensive damage caused by tainted drywall from China.
Already, Citizens Property Insurance has dropped coverage on two homes that are vacant because of defective...Tags: Justice System, Metal and Mineral, Natural Disasters, Building Material, Meteorological Disasters
Nov 9, 2011
|Story| South Florida Sun-Sentinel
May 28, 2011
|Column| Orlando Sentinel
Jun 2, 2011
|Column| Orlando Sentinel
Jan 31, 2011
|Column| Orlando Sentinel
Jan 25, 2010
|Story| South Florida Sun-Sentinel
Nov 22, 2010
|Story| South Florida Sun-Sentinel
Apr 21, 2011
|Story| South Florida Sun-Sentinel
Mar 28, 2010
|Story| South Florida Sun-Sentinel
Oct 7, 2010
|Story| South Florida Sun-Sentinel
Dec 16, 2009
|Story| South Florida Sun-Sentinel
Mar 5, 2011
|Story| Orlando Sentinel
Jan 19, 2011
|Story| South Florida Sun-Sentinel
Original site for Citizens Property Insurance Corp. topic gallery.