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Insurance market rebounds 'from brink of collapse'

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Crestview News Bulletin

Insurance market rebounds 'from brink of collapse'

3 months ago·Key West, United States

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WMNF

The head of Citizens Property Insurance says the Florida market is rebounding 'from the brink of collapse'

By Dara Kam ©2024 The News Service of Florida TALLAHASSEE — Changes to Florida laws — including an industry-friendly provision that makes it harder for policyholders to sue insurance companies — are working as intended to help bring the state’s property-insurance market “back from the brink of collapse,” the head of Citizens Property Insurance Corp. said Wednesday. Despite three catastrophic hurricanes hitting the state this year, Florida’s prop…

3 months ago

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FlaglerLive

Florida's Insurance Market Rebounds 'From Brink of Collapse' Despite Three Hurricanes

Changes to Florida laws — including a provision making it harder for policyholders to sue insurance companies — are working as intended to help bring the state’s property-insurance market “back from the brink of collapse,” the head of Citizens Property Insurance Corp. said Wednesday. Despite three catastrophic hurricanes hitting the state this year, Florida’s property-insurance market “continues to recover,” Citizens President and CEO Tim Cerio …

3 months ago

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News Service of Florida

Insurance Market Rebounds 'From Brink of Collapse'

TALLAHASSEE — Changes to Florida laws — including a provision making it harder for policyholders to sue insurance companies — are working as intended to help bring the state’s property-insurance market “back from the brink of collapse,” the head of…

3 months ago·Tallahassee, United States

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Santa Rosas Press Gazette

Insurance market rebounds 'from brink of collapse' | Santa Rosa Press Gazette

By Dara Kam Despite three catastrophic hurricanes hitting the state this year, Florida’s property-insurance market “continues to recover,” Citizens President and CEO Tim Cerio told the state-backed insurer’s board of directors Wednesday. “The reforms passed by the legislature, it’s not an understatement to say they really brought the insurance market back from the brink of collapse. They are continuing to work, which is great news for all Florid…

3 months ago

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