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‘Take-Out’ Insurance
What Happened In 2014? In November 2014 14 insurers offered to assume personal policies from tens of thousands of Floridians followed by three insurers offering in December to take on thousands of commercial policies. Last month another ‘round’ of take-out offers were sent to tens of thousands of Florida policyholders by eight private insurers. Through […]
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Ready For A New Homeowner’s Insurer?
Ready For A New Homeowner’s Insurer? Citizens New Eligibility ‘Clearinghouse’ Process Is Dramatically Different 2014 begins with a new, dramatically different, approach to property insurance eligibility from the state insurer (and Florida’s largest home insurer), Citizens Property Insurance Corporation (aka Citizens), that stands to impact every home in our state that either seeks new coverage […]