This is due primarily to a successful depopulation program over the last few months." That's the process where private insurance companies take over Citizens' policies, which lowers Citizens ...

Gov. Ron DeSantis announced more than 20% of Citizens property insurance policyholders would see a statewide average premium decrease of about 5.6%.

Despite recent growth, Citizens projects a significant decrease in policies by 2025. The number of policies in the state’s Citizens Property Insurance Corp. increased slightly last week, with the ...

The Florida Insurance Commissioner said the newly formed Mangrove Property Insurance Co. will provide coverage.

Florida’s Citizens Property Insurance Corp. will reduce rates by an average of 5.6% statewide in 2025, according to Gov. Ron ...

Florida House Insurance and Banking Subcommittee (IBS) members heard good news about the state insurer of last resort on ...

Florida House Insurance and Banking Subcommittee (IBS) members heard good news about the state insurer of last resort on Tuesday, and recent legislative reforms have shored it up. Citizens CEO Tim ...