Because of improving catastrophe bond rates, observers see insurance policyholders escaping increases that marked the ...

The size of Florida Citizens’ preliminary reinsurance program for 2025 has fallen from $4.54bn to $4.49bn, its latest disclosures show. The state insurer of last resort is seeking to secure $2 ...

With Florida’s Citizens Property Insurance Corporation now aiming to upsize its new catastrophe bond issuance to between $1.4 billion and a record $1.525 billion in size, while its overall ...

Florida’s Citizens Property Insurance Corporation has now upsized its target for its latest catastrophe bond, increasing it to now seek up to $1.4 billion in named storm reinsurance protection ...

A tax was levied on companies’ “excess profits,” and auto insurers were required to sell property insurance coverage ... insurers left Florida and hundreds of thousands of policies migrated en masse ...

In Florida, the Citizens Property Insurance Corporation provides coverage if you can't secure it in the private market, but the rates are considerably more expensive. There is no state law in ...

While St. Petersburg-based Patriot Select Property and Casualty ... with more than 30 years of Florida insurance experience, is best known as chief risk officer at Citizens Insurance before ...

Mangrove Property Insurance Co. and Slide Insurance Co., according to information on the Florida Office of Insurance Regulation website. Citizens, which was created as an insurer of last resort, ...

“Thanks to its forward-looking Legislature and regulatory bodies, Florida’s property insurance market is stabilizing ... after previous service at Citizens, and Marcia A.

Citizens Property Insurance Corp. The committee’s vice chairperson did not appear familiar with the name of what cost is driving average Florida homeowner premiums to the top of the national charts.