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Customers of the state-backed Citizens Property Insurance Corp. are going to see their premiums rise, but by how much hasn't been finalized. ...more
April 29, 2009
The Senate has passed a hurricane insurance bill that raises rates on more than 1 million customers of the Citizens Property Insurance Corp. ...more
April 28, 2009
Courage Deficit I thought the letter March 30 on "Economics 101" by Hugh Williamson was brilliant. It should be viewed by every American and acted on. The strategy seems so simple to understand, yet so difficult to act on. Are we too weak and dense to see where our immediate lack of control is taking us? ...more
April 1, 2009
One of Florida's new startup property insurance companies was told Wednesday to stop selling policies — at least for a while. ...more
March 18, 2009
Florida's insurance commissioner says the national credit crunch could lead to more home foreclosures. ...more
March 5, 2009
State Farm won't be the last property insurer to pull up stakes in Florida if insurance companies aren't allowed to charge their customers higher rates, industry experts said Tuesday. ...more
February 25, 2009
There's no doubt this recession is having a huge impact on consumers, and as a result, they're cutting back on spending and saving more. ...more
February 15, 2009
Like A Good Neighbor? So State Farm wants to stop writing homeowner's insurance in Florida. I checked into their automobile insurance some time ago and was told that I could not just buy auto insurance. They wanted it all - homeowner's, auto, life, health. At that point I was surprised it didn't include asking for my first-born child. ...more
February 2, 2009
With residents already struggling to make ends meet during the recession, the last thing they need now are higher premiums on Citizens Property Insurance homeowner insurance policies, a state lawmaker believes. So state Sen. Mike Fasano, R-New Port Richey, announced this week he will introduce legislation in March to extend the rate freeze on Citizens rates for another year. Citizens is the state-sanctioned property insurer of last resort. ...more
January 17, 2009
Legislation is in the works to extend the two-year freeze on Citizens Property Insurance homeowner policy rate increases Florida lawmakers imposed on the state's insurer of last resort. ...more
January 13, 2009
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