By Chad Thomas Florida’s Citizens Property Insurance Corporation (Citizens) is a state-run insurer of last resort for commercial and residential property owners unable to afford a policy in the private market. Citizens tends to insure wealthy homeowners along the coast, where property values and the risk of damage are highest. In 2002, the Florida Windstorm … Continue reading Citizens Property Insurance Corporation Still Vulnerable to Underfunding
Depopulation of Citizens Property Insurance Should Continue
By Matt Kelly On February 17th, 2015, Florida state Senator Anitere Flores filed SB 1006, which would place restrictions on shifting insurance policies from state-backed Citizens Property Insurance Corporation to private sector insurers. Citizens’ policyholders would be notified before being transferred to private insurers, who would be barred from increasing premiums more than 10% annually … Continue reading Depopulation of Citizens Property Insurance Should Continue
Preliminary Prices on Obamacare Exchanges Exceeds Estimates
Original post date: October 30, 2013 Article by: Anonymous Now that October 1 has passed, the online marketplaces for health insurance under Obamacare are open for business. Individuals are free to browse the site and choose any policy available to them after answering some questions and being guided through their options. So far, site traffic … Continue reading Preliminary Prices on Obamacare Exchanges Exceeds Estimates