AND MANY FLORIDIANS RELY ON THE INSURER OF LAST RESORT CALLED CITIZENS PROPERTY INSURANCE, TO COVER ANY DAMAGES TO THEIR HOMES. BUT THOSE POLICYHOLDERS COULD SOON BE PAYING EVEN MORE. THE STATE JUST ...

The insurer of last resort in Florida isn't meant to be competitive. But if it were, its average premium for regular homeowner's insurance would have to almost double. Citizens Property Insurance ...

Downtown Jacksonville could be losing a major tenant as Citizens Insurance considers moving out of the Everbank Center. Citizens is one of downtown’s largest employers. It’s been located at the ...

This story has been updated because it contained an inaccuracy. In the first meetings of officials from Citizens Property Insurance Corp. since back-to-back hurricanes raked Florida this year, the ...

Insolvency means that a company cannot pay its bills today. That’s not so for Citizens Property Insurance Corp., Florida’s state-backed insurer. Citizens has a $5 billion surplus which is expected to ...

WEST PALM BEACH, Fla. (CBS12) — Citizens Insurance has been under federal investigation since November because of concerns the company is unable to handle claims and may need a federal bailout.

How badly does state-owned Citizens Property Insurance Corp. want to depopulate? So badly that in addition to participating with private-market insurers in a “takeout” program, the residual insurer is ...

Citizens Property Insurance Corp. saw a record-breaking decrease in policies, indicating a potential recovery in Florida's private insurance market. Some lawmakers argue that shrinking Citizens might ...

Confronting a hurricane season predicted to be among the most active ever, the state's insurer of last resort says it’s financially prepared to weather a storm three times the size of 2022’s Hurricane ...

TALLAHASSEE - Amid long-running efforts to shift customers into the private market, the number of homeowners insured by the state's Citizens Property Insurance Corp. plunged last week. Citizens posted ...

In the first meetings of officials from Citizens Property Insurance Corp. since back-to-back hurricanes raked Florida this year, the state’s largest insurer acknowledged data showing half of last year ...