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More than 300,000 Citizens Insurance customers are getting letters notifying them they’re being “depopulated” from the state-owned company. Here’s what to know if you get on… ...
Private insurers pulled more than 275,000 policies last year from the state’s Citizens Property Insurance Corp. and have taken nearly 115,000 this year, with Citizens President and CEO Tim Cerio ...
Citizens historic rate hike: Citizens Insurance gets OK for historic 12.3% rate hike for personal lines What is depopulation? The Citizens Depopulation Program is a requirement of Florida law that ...
The Citizens board met after insurance regulators this month approved rate increases for Citizens customers. In part, rates will increase an average 11.5% for homeowners with the most-common type ...
A potential downside for Citizens customers, however, is that they can see rate increases if their policies are assumed by private insurers. Trying to spur depopulation, lawmakers in 2022 approved ...
Two more property insurers have been approved to operate in Florida, bringing the total to 14 since recent reforms. Officials ...
It's part of Citizens Property Insurance Corporation's depopulation program. The company is run by the state of Florida."We were really excited to be able to have the dream of buying a house, ...
Citizens Property Insurance Corp., the state-backed insurer of last resort, saw a slight increase in policies last week after a significant drop the previous week due to a depopulation program. As ...
Williams, a 71-year-old retiree, received a notice from Citizens saying he was up for depopulation in September, and after speaking to his insurance broker, he requested to remain a Citizens customer.
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Florida’s Citizens Property Insurance Continues To Grow ... - MSNFlorida's Citizens Property Insurance Corp. saw its policy count surpass 1.252 million last week, marking a continued increase in customers. This growth comes even as the state-backed insurer ...
Friedlander said the depopulation is just one of several indicators that Florida’s Property Insurance Crisis could be coming to an end. “Average rate filings with the state regulator are 0.8% ...
Tens of thousands of customers of state-owned Citizens Property Insurance Corp. are getting a stunning surprise in their mailboxes. It’s a letter from Citizens’ “Depopulation Unit” stating ...
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