Browsing: Citizens Property Insurance

The Office of Insurance Regulation is still considering a rate increase request by Citizens Property Insurance Corp. that could impact Florida homeowners.

The state-backed insurer, Citizens Property Insurance Corp., is reducing its policy count. Here’s what this means for Florida homeowners.

The Citizens Property Insurance Board approved a move of its Jacksonville office to a Southside location in 2026.

The number of policies held by Florida’s Citizens Property Insurance Corp. has dropped to its lowest level in nearly three years due to the ongoing depopulation program.

Mangrove Property Insurance is set to assume more policies from Citizens Property Insurance.

Florida-based Mangrove Property Insurance Company receives approval to assume more policies from Citizens Property Insurance Corporation.

Proposed rate increases for Citizens Property Insurance Corp. customers remain unresolved, potentially delaying any hikes until May. The state insurer faces pressure to align rates with the private market.

Florida Citizens Property Insurance Corp. is planning a $4.54 billion private reinsurance program for 2025, which includes renewing existing coverage.

Citizens Property Insurance Corp. experienced a significant reduction in policies, suggesting positive developments in the Florida property insurance market, although some lawmakers have expressed differing views.

Citizens Property Insurance Corp. announced its move from downtown Jacksonville to a suburban location, impacting local revitalization efforts. The decision follows safety concerns and a search for improved operational capabilities.