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Citizens Insurance reaffirms ability to pay claims, albeit through surcharges and assessments on non-policy holders

Citizens Insurance reaffirms ability to pay claims, albeit through surcharges and assessments on non-policy holders

by Caden DeLisa | Aug 23, 2023

Citizens Property Insurance Company’s CEO Tim Cerio expressed concern about the company’s ability to pay out claims after a catastrophic hurricane without resorting to surcharges on policyholders and assessments on Florida taxpayers. Cerio affirmed that...
Breakfast bites: GOP debate tonight; Citizens grows; Ethics chair resigns; GOP extends voter lead; storms not a threat

Breakfast bites: GOP debate tonight; Citizens grows; Ethics chair resigns; GOP extends voter lead; storms not a threat

by Brian Burgess | Aug 23, 2023

A handful of easily-digested news nuggets to fuel your day Showtime tonight: DeSantis makes national debut on GOP debate stage By now, just about every Republican voter across the country has heard of Florida’s Governor, but few know him beyond sound bites on...
New mortgage data shows Florida homeowners faring slightly worse than most states

New mortgage data shows Florida homeowners faring slightly worse than most states

by Brian Burgess | Aug 22, 2023

Florida ranks 21st in the nation for delinquent mortgages and 19th for foreclosures, reflecting a moderate standing compared to other states like Mississippi, which leads in delinquencies, and New York, leading in foreclosures. The national delinquency rate saw a...
Associated Industries of Florida launches Center for Political Strategy, looks to elect pro-business candidates

Associated Industries of Florida launches Center for Political Strategy, looks to elect pro-business candidates

by Caden DeLisa | Aug 22, 2023

The Associated Industries of Florida (AIF) has established The Center for Political Strategy to enhance the business community’s involvement in Florida’s political landscape. The center aims to collaborate with various stakeholders, including associations,...
State regulators order Citizens Insurance to trim proposed rate increase

State regulators order Citizens Insurance to trim proposed rate increase

by Jim Saunders - News Service of Florida | Aug 21, 2023

Regulators have ordered Citizens Property Insurance Corp. to revise and reduce proposed rate increases, focusing on a 12 percent increase for common homeowners’ policies. Citizens’ requested 13.3 percent rate increase faces scrutiny due to concerns about...
Storms stacking up in Atlantic, but high Florida gas prices already make landfall

Storms stacking up in Atlantic, but high Florida gas prices already make landfall

by Brian Burgess | Aug 21, 2023

Five tropical disturbances in the Atlantic won’t hit Florida, but concerns over fuel supply disruptions have hit gas pumps across the state. Florida’s gas prices hit a 2023 high of $3.85 before settling at $3.82 due to increased demand and storm-related...
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