While wealthy coastal counties bear the brunt of landfalling storms, poor residents in inland counties are navigating an even ...

Two more property insurers have been approved to operate in Florida, bringing the total to 14 since recent reforms. Officials ...

The CEO of Citizens Property Insurance Corporation has hailed the ongoing recovery of Florida's property insurance market, ...

Part of those depopulation efforts has been to allow the participation of "under-capitalized, smaller insurance companies that are not necessarily as stable and reliable as conventional insurance ...

Florida regulators this week approved three insurers' proposals to take as many as 135,540 policies in June from the state’s Citizens Property Insurance Corp.

Citizens is the insurer of last resort in Florida and if its reserves are depleted, every policyholder in the state could pay.

Citizens Property Insurance policies fall below 850,000 Florida customers as depopulation continues It’s the lowest level since 2022 ...

But the depopulation program — and changes in state laws aimed at bolstering the private insurance market — have led to a steady decline in the number of Citizens policies.

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 ...

Amid long-running efforts to shift customers into the private market, homeowners insured by Citizens Property Insurance Corp. plunged last week.

Florida's largest insurer is handing policies to the private market, and the impacted Florida residents are struggling financially.

Florida board backs 13.5% average Citizens Insurance rate hikes for 2025, despite saying state’s insurance market is improving.