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The new company, Apex Star Insurance Exchange, is the 12th to open in Florida after legislative reforms enacted in 2022 and ...
After receiving a letter from Citizens Property Insurance stating that he is now required to get flood insurance, one Hudson homeowner emailed ABC Action News to ask how Citizens valued his property.
Citizens Property Insurance Corporation is back with a significant initial target to secure at least $975 million in named ...
According to Former Florida Senator Jeff Brandes, the implementation of a quota share model could effectively phase out ...
Florida’s insurance market is stabilizing because the state sent a clear and consistent message to the global financial ...
Apex Star becomes Florida’s 12th new property insurer since 2022 reforms, marking continued growth in the state’s insurance market.
Citizens Property Insurance Corp., the state-backed insurer of last resort, has seen a significant reduction in policyholders, particularly in South Florida. Legislative reforms in 2021 and 2022 ...
Many of the new companies have built their initial books of business by participating in the depopulation program underway for state-owned Citizens Property Insurance Corp., the so-called “insur ...
The state created Citizens Property Insurance Corp. in 2004 as a non-profit government entity that acts as an insurer of last resort for property-owners unable to get insurance in the private market.
Mangrove Property Insurance Company, the Florida-based start-up led by Bermuda market veteran Stephen Weinstein, has been approved by the Florida Office of Insurance Regulation to assume policies ...
TALLAHASSEE, Fla. — The number of policies in the state’s Citizens Property Insurance Corp. continued to slowly increase last week. Citizens had 851,210 policies as of Friday, up from 849,072 ...