The recent decision in the 4th District Court of Appeals case “Citizens Property Insurance Corporation vs. River Manor Condominium Association Inc.” sheds new light on F.S. 718.111(11)(f). Condominium association from …
Category: Citizens Insurance
Does your building need an ISO inspection?
First, let me clarify what ISO stands for: The Insurance Services Office (ISO) //www.isopropertyresources.com/About-ISO/About-ISO-Root/ISO-Overveiw.html is a leading source of information for risk management in the insurance industry. ISO provides information …
How to calculate Coinsurance
This is one of the best examples to explain the importance of being correctly insured. If an HOA or condo association is underinsured as in the following example provided by …
Citizens Property Insurance of Florida Changes for 2013
Commercial property owners will want to make note of many rule, form and lastly rate changes coming in 2013 from Citizens Property Insurance of Florida. This post is from their …
Citizens’ Depopulation Strategy
Under Governor Scott’s tutelage Citizens Insurance starts an aggressive depopulation strategy. The new limitations, rate increases, exclusions and rules, which were issued by Citizens since January 2012 were just the …
Citizens Property Insurance – Summary of 2012 Changes – so far….
After receiving literally every week Citizens Agent Communications with ever more rate increases, coverage limitations and restrictions, it is necessary to post a summary of these changes for my clients …
Here We Go Again – Citizens Insurance Increases Premiums for A-Rated Risks
Citizens just released their latest insurance increases, which will apply to Condominiums, Homeowner’s associations and apartment buildings. Therefore it becomes more and more important to have accurate insurance appraisals and …
Citizens Insurance in the Spotlight
Two recent developments in the Florida insurance world will have a great impact on residential property and insurance appraisers throughout the State of Florida. Although we had no hurricane events …
Citizens to Increase Commercial and Residential Policies in 2012
After the recent discussions to increase premiums for Florida condominium buildings, which are valued above the dreaded 10-million dollar threshold, and after general premium increases for all insurance carriers, Citizens …
Citizens plans 19 Percent Rate Hike for Condo Buildings over $10 Million
This Blog was written by Julie Patel and published in the Sun Sentinel: By Julie Patel November 9, 2011 09:35 AM Citizens Property Insurance plans to discuss raising rates for …
Florida Condo Law Changes 2011
Welcome back Condo and HOA boards! The season starts with some wonderful autumn weather after a very hot summer. To get you prepared for the upcoming season and your board …
Citizens on a Mission
Unnoted by many, Citizens sneaked in some new rules, which will affect especially condominium associations and commercial properties. Effective May 2011, buildings with sprinkler systems are only eligible for sprinkler …
Hurricane Season is Upon Us– Are You Ready?
Hurricane season officially began on June 1st and lasts until November 30th. Florida has recently been spared from serious damage, enjoying several, hurricane free years. But with forecasters predicting an …
Two Florida Journalists reveal the Truth about Citizens and Gov. Scott’s Plans
Matt Reed: Lies about Citizens justify policyholder abuse Insurance lobbyists working hard to discourage public’s use of company You’ve probably heard that Citizens Property Insurance Co., with 32,000 policyholders in …