Citizens Property Insurance Corp

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3d
The Daily Comet
Terrebonne to continue fight against rising homeowners' insuranceIn January, the Louisiana Citizens Property Insurance Corp.’s board voted to su
Terrebonne to continue fight against rising homeowners' insurance
The Daily Comet / Posted 3 days ago
In January, the Louisiana Citizens Property Insurance Corp.’s board voted to submit new rates to the state Insurance Department for approval. Terrebonne residents who buy coverage from the state “insurer of last resort” may see a 9.2 percent increase... Read more
3d
The Houma Courier
Terrebonne to continue fight against rising homeowners' insuranceIn January, the Louisiana Citizens Property Insurance Corp.’s board voted to su
Terrebonne to continue fight against rising homeowners' insurance
The Houma Courier / Posted 3 days ago
In January, the Louisiana Citizens Property Insurance Corp.’s board voted to submit new rates to the state Insurance Department for approval. Terrebonne residents who buy coverage from the state “insurer of last resort” may see a 9.2 percent increase... Read more
7d
Sun-Sentinel
Insurance abuse reform bills show signs of stallingProposed laws aimed at curbing what insurance companies call fraud by contracto
Insurance abuse reform bills show signs of stalling
Sun-Sentinel / Posted 7 days ago
Proposed laws aimed at curbing what insurance companies call fraud by contractors hired to repair non-weather-related water damages show signs of stalling for a fourth-straight year, a statewide insurance reform group says. House and Senate versions... Read more
16d
Business Insurance
Insurance-linked securities projected to grow in 2016Although catastrophe bond issuance declined to $6.9 billion in 2015 from $8.0 b
Insurance-linked securities projected to grow in 2016
Business Insurance / Posted 16 days ago
Although catastrophe bond issuance declined to $6.9 billion in 2015 from $8.0 billion in 2014, the sector is still showing promising signs of growth, according to insurance industry reports. Indeed, Swiss Re Ltd. and Aon Benfield Securities say in... Read more
17d
Sun-Sentinel
Insurance abuse reforms advance in legislatureTrying again to reduce costs of non-weather-related water damages for insurance
Insurance abuse reforms advance in legislature
Sun-Sentinel / Posted 17 days ago
Trying again to reduce costs of non-weather-related water damages for insurance companies, state legislators voted to advance bills that would bring insurers more quickly into the claims process and bar licensed contractors from offering referral... Read more
21d
Sun-Sentinel
Citizens' policy count drops below 500,000State-run Citizens Property Insurance Corp.'s policy count has dropped below 50
Citizens' policy count drops below 500,000
Sun-Sentinel / Posted 21 days ago
State-run Citizens Property Insurance Corp.'s policy count has dropped below 500,000 and is now at its lowest level since the so-called insurer of last resort was created in 2002. State-run Citizens Property Insurance Corp.'s policy count has... Read more
23d
Business Insurance
Insurance-linked securities grow in 2015 despite soft marketOverall nonlife alternative capital in insurance-linked securities grew to $70
Insurance-linked securities grow in 2015 despite soft market
Business Insurance / Posted 23 days ago
Overall nonlife alternative capital in insurance-linked securities grew to $70 billion by the end of 2015, according to a report released Tuesday by Willis Towers Watson P.L.C. That overall total of $70 billion is up from $65 billion at the end of... Read more
25d
The Advocate
A budget accomplishment awash with glitchesIn many ways, the state budget the Senate undoubtedly will pass Monday — with f
A budget accomplishment awash with glitches
The Advocate / Posted 25 days ago
In many ways, the state budget the Senate undoubtedly will pass Monday — with final passage likely later this week — is a remarkable feat for the Louisiana Legislature. With little to no help from a largely absent governor, the legislators came up... Read more
27d
Sun-Sentinel
Attorneys object to Citizens' water damage fraud allegationsTo hear officials of Citizens Property Insurance Corp and their allies in Flori
Attorneys object to Citizens' water damage fraud allegations
Sun-Sentinel / Posted 27 days ago
To hear officials of Citizens Property Insurance Corp and their allies in Florida's insurance industry talk, fraudsters in South Florida are about to destroy the homeowner insurance market for everyone by driving costs to unsustainable levels. Water... Read more
27d
The Houma Courier
Citizens seeks increase in homeowners insuranceHomeowners insurance in Terrebonne could increase 9.2 percent, adding $311 to t
Citizens seeks increase in homeowners insurance
The Houma Courier / Posted 27 days ago
Homeowners insurance in Terrebonne could increase 9.2 percent, adding $311 to the $3,393 average annual policy, according to the Louisiana Citizens Property Insurance Corp. In Lafourche, that rate could go up 5.2 percent, adding $170 to the average... Read more
3 related stories
27d
The Daily Comet
Citizens seeks increase in homeowners insuranceHomeowners insurance in Terrebonne could increase 9.2 percent, adding $311 to t
Citizens seeks increase in homeowners insurance
The Daily Comet / Posted 27 days ago
Homeowners insurance in Terrebonne could increase 9.2 percent, adding $311 to the $3,393 average annual policy, according to the Louisiana Citizens Property Insurance Corp. In Lafourche, that rate could go up 5.2 percent, adding $170 to the average... Read more
3 related stories
27d
FOX 8 New Orleans
State-run insurer Citizens plans some rate reductionsBATON ROUGE, La. (AP) - Almost all of the Orleans Parish homeowners who buy cov
State-run insurer Citizens plans some rate reductions
FOX 8 New Orleans / Posted 27 days ago
BATON ROUGE, La. (AP) - Almost all of the Orleans Parish homeowners who buy coverage from the state insurer of last resort could see their rates drop 6.3 percent if the Louisiana Insurance Department approves. The Advocate reports... Read more
3 related stories
28d
The Advocate
State-run insurer Citizens plans some insurance rate reductionsAlmost all of the Orleans Parish homeowners who buy coverage from the state ins
State-run insurer Citizens plans some insurance rate reductions
The Advocate / Posted 28 days ago
Almost all of the Orleans Parish homeowners who buy coverage from the state insurer of last resort could see their rates drop 6.3 percent if the Louisiana Insurance Department approves. A mix of rate cuts and increases affect other area... Read more
3 related stories
30d
Sun-Sentinel
Insurance advocate isn't ready to share views on Citizens changesSha'Ron James, Florida's new insurance consumer advocate, isn't ready to offer
Insurance advocate isn't ready to share views on Citizens changes
Sun-Sentinel / Posted 30 days ago
Sha'Ron James, Florida's new insurance consumer advocate, isn't ready to offer an opinion about a controversial package of policy changes approved in early December by Citizens Property Insurance Corp. But James urged careful evaluation of the... Read more
1m
The Tampa Tribune
Residents in ‘sinkhole alley’ could get relief under legislation“Not a lot of people can afford the insurance and it’s not really very meaningf
Residents in ‘sinkhole alley’ could get relief under legislation
The Tampa Tribune / Posted a month ago
“Not a lot of people can afford the insurance and it’s not really very meaningful coverage,” he said. “You have to meet criteria for catastrophic coverage collapse which everyone has in their insurance.” The 2011 law did succeed in reining in the... Read more

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