The U.S. Senate Budget Committee has launched an investigation into Citizens Property Insurance, citing concerns that Florida’s insurer of last resort would not have the funds to cover losses if 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 ...

Citizens insurance is trying to justify the substantial rate increases it is asking for. The insurance company says their rates are less than the private market. WINK News anchor Chris Cifatte has ...

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 ...

TALLAHASSEE, Fla. — The CEO of Citizens Insurance said Florida's insurer of last resort is not operating in the red and has about $4.5 billion in cash on hand. "We will always be able to pay claims," ...

Citizens Property Insurance is Florida’s insurer of last resort. Many, or all, of the products featured on this page are from our advertising partners who compensate us when you take certain actions ...

Citizens Insurance policyholders can expect to see higher premiums when they receive their next renewal letter after the Citizens Board of Governors approved a double-digit rate hike on Wednesday. The ...

The CEO of state-owned Citizens Property Insurance Corp. on Tuesday pushed back against a legislative bill that would require the company to provide hurricane coverage for anyone in the state who ...

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 ...

MIAMI - Jena McClure had Citizens insurance for 17 years on her Cooper City home until recently, "I'm paying 20% more than what I was with Citizens and I have no choice in the matter." She was moved ...