Highlights
A collection of news and information related to Citizens Property Insurance Corp. published by this site and its partners.
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Heritage adds more cash, maintains rating
Heritage Property and Casualty Insurance Co. added millions of dollars to its ability to pay hurricane-season claims and increased its cash surplus in order to maintain its A-Exceptional score with an insurance industry ratings agency. Last week...Tags: Google+, Florida Legislature, Finance, Insurance, Economy, Business and Finance
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Ex-Citizens execs launch firm, violate ethics
Two former Citizens Property Insurance Corp. executives violated the company's code of ethics by launching their own online software company and marketing a product similar to one another ex-employee helped design and develop for use by Citizens,...Tags: Employment, Media Industry, Conservation, Religion and Belief, Marketing
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Heritage to make 'financial enhancements' to maintain A rating
Heritage Property and Casualty Insurance Co., a partner with Citizens Property Insurance Corp. in a controversial new takeout deal, was asked by an industry ratings firm Friday to make some "financial enhancements" in order to maintain its A-Exceptional...Tags: Rick Scott, Government, Politics, Florida Legislature, Regional Authority
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Jay Neal: Insurance regulators helping Florida consumers
Recently, the Board of Citizens Property Insurance approved a controversial deal allowing Heritage Insurnace to offer homeowners coverage to 60,000 Citizens policy holders. Whatever you think about the deal, the final judgment has likely yet to be...Tags: Consumers, Hurricane Andrew (1992), Financial and Business Services, Credit Ratings, Insurance
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Citizens' $52M takeout deal triggers Heritage rating review
Citizens Property Insurance Corp.'s controversial new takeout deal that will send as many as 60,000 policies and up to $52 million to Heritage Property and Casualty Co. has triggered a review of the St. Petersburg-based private company's financial rating....Tags: Politics, Florida Legislature, Regional Authority, Economy, Business and Finance, Freddie Mac
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Barry Gilway: Clearinghouse provides more, wiser insurance choices
It is a well-known fact that everyone likes to have choices and benefits from access to more and better options. In Florida, however, many insurance consumers don't know every choice available to them. This is because the structure of Florida's...Tags: Consumers, Insurance
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Stronger financially, property insurers face scrutiny
With hurricane season little more than a week old, Florida's property insurance industry is weathering storms on multiple fronts in the form of new legislative scrutiny, a class-action lawsuit settlement and questions about its financial stewardship....Tags: Lawyers, Fort Lauderdale, Corporate Crime, Natural Disasters, Marketing
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Lawmakers to review Citizens' Heritage deal
TALLAHASSEE — Both sides of the Florida Legislature will spend time this fall reviewing a controversial deal approved by state-backed Citizens Property Insurance Corp. Senate President Don Gaetz, R-Niceville, said Thursday the Senate Banking and...Tags: St. Petersburg (Pinellas, Florida), Florida Legislature, Insurance, Don Gaetz
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ANALYSIS-As hurricanes loom, Florida insurance lives on borrowed time
Reuters* As storm season starts, Florida worries about insurance * State-run firm covers 21 pct of residential insurance * Florida has not been hit by a major hurricane since 2005 By David Adams MIAMI, June 1 (Reuters) - Mother Nature has been kind to...Tags: Politics, Natural Disasters, Miami (Miami-Dade, Florida), Credit Ratings, Jack Nicholson
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Scott signs Citizens bill
TALLAHASSEE -- Gov. Rick Scott Wednesday signed legislation that will attempt to overhaul Citizens' Property Insurance, the state's largest insurer. "This legislation will bring much needed reforms to better protect the taxpayers who support Citizens...Tags: Rick Scott, Altamonte Springs, Insurance
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Weatherford wants review of latest Citizens deal
Despite a barrage of scrutiny questioning the $52 million agreement to shift some 60,000 policies from Citizens Property Insurance Corp. to a private company, the state-backed insurer's top executives are standing behind the deal announced last week....Tags: Politics, Charlie Crist, Regional Authority, Lobbying, Rick Scott
Jun 19, 2013
|Story| South Florida Sun-Sentinel
Jun 17, 2013
|Story| South Florida Sun-Sentinel
Jun 14, 2013
|Story| South Florida Sun-Sentinel
Jun 17, 2013
|Story| South Florida Sun-Sentinel
Jun 14, 2013
|Resource Link| Orlando Sentinel
Jun 12, 2013
|Story| South Florida Sun-Sentinel
Jun 13, 2013
|Story| South Florida Sun-Sentinel
Jun 9, 2013
|Story| South Florida Sun-Sentinel
Jun 6, 2013
|Story| Orlando Sentinel
Jun 1, 2013
|Story| Reuters
May 29, 2013
| South Florida Sun-Sentinel
May 28, 2013
|Story| South Florida Sun-Sentinel
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