Browsing: Citizens Property Insurance

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.

Citizens Property Insurance Corp. plans to move its Jacksonville office from downtown to the Southside, impacting about 1,000 employees despite city efforts to keep the company downtown.

A new proposed bill in Florida could leave thousands of condo residents without state-backed insurance if their associations fail to complete mandatory structural integrity reserve studies (SIRS).

A new property insurance provider, Mangrove Property Insurance Co., has been approved to begin writing home insurance policies in Florida, offering more choices for consumers.