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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 ...
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 ...
You might not be jumping at the idea of taking Citizens Insurance up on one of its depopulation letters but here's some things to consider.
The deadline has been pushed to Oct. 10. It's part of Citizens Property Insurance Corporation's depopulation program. The company is run by the state of Florida.
Steve Rogosin, a Plantation-based insurance agent, said 55 of his clients have received depopulation letters and of those, only half are currently eligible to remain with Citizens.
Amid long-running efforts to shift customers into the private market, homeowners insured by Citizens Property Insurance Corp. plunged last week.
As Citizens undergoes depopulation, some homeowners face higher premiums As Citizens Insurance goes under "depopulation," the push is creating challenges for some homeowners.
Tens of thousands of Citizens policyholders are bracing to find out if they'll be forced to get new pricier premiums with a private insurance company.
Two more property insurers have been approved to operate in Florida, bringing the total to 14 since recent reforms. Officials ...
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.
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