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Category Archives: Citizens Property Insurance

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Switching to a Cheaper Property Insurance Company? Better Think Twice.

Posted in Citizens Property Insurance, Insurance, Insurance Policy, Uncategorized

Over the past few months, many Citizens Property Insurance policy holders received a notification that, unless they opted out within a certain time frame, their property insurance would be automatically transferred out of Citizens and into one of several small start-up insurance companies.  These newly formed property insurance carriers have been nick-named “take-out” companies because… Continue Reading

Citizens “Insurance” Lawyer – Bilking Money from Florida…and Laughing About It.

Posted in Citizens Property Insurance, Insurance, Legislature, Uncategorized

 Sadly, although we knew that Citizens Property Insurance Corporation is overrun with corruption, recent news reflects that even we did not know how bad the situation has gotten.  Although the formation of Citizens Property Insurance may have initially been a good idea, it has since morphed into merely a “cash grab” for cronies of Governor… Continue Reading

Sinkhole Stabilization Repair Program – Only Suckers Need Apply

Posted in Citizens Property Insurance, Laws, Legislature, Sinkhole, Uncategorized

As part of an ongoing effort to give the shaft to Florida consumers, a bill was recently filed with the Florida Legislature which would greatly restrict – or even eliminate – the rights of property owners attempting to properly repair damage caused to their homes by sinkhole activity.  Senate Bill 416 (blandly titled, “Sinkhole Coverage”) is a… Continue Reading

Dunedin Sinkhole Saga – The REAL Facts

Posted in Catestrophic Ground Cover Collapse, Citizens Property Insurance, Grout, Insurance, Sinkhole, Uncategorized

By now, you’ve most likely seen the stories about the large sinkhole that opened in Dunedin, Florida this week.  The Dupre family was awakened early Wednesday morning to what sounded like someone noisily attempting to break into their house.  Upon inspection, the homeowners were shocked to see that their entire back porch was sliding into… Continue Reading

Citizens Denying Claims While Paying Its Lawyers Million$$ of Dollars

Posted in Citizens Property Insurance, Insurance, Insurance Policy, Sinkhole, Uncategorized

Citizens Property Insurance Corporation has been earning a reputation for systematically denying almost every insurance claim asserted by its policyholders.  Instead of honoring valid claims, Citizens spends millions of dollars each month “defending” claims – the same type of claims that other insurance companies would routinely pay without question.  Although those of us in the… Continue Reading

Rate Hikes Ahead for Citizens Property Insurance – Buckle Your Seatbelt!

Posted in Citizens Property Insurance, Insurance, Uncategorized

Last night, Citizens Property Insurance Corporation held a public hearing on its proposed hikes to the homeowners insurance premiums currently paid by Floridians.  The hearing was requested by former state Senator Mike Fasano in advance of the Florida Office of Insurance Regulation’s upcoming decision on whether to approve the rate increases being requested by Citizens… Continue Reading

Citizens Property Insurance Ignores Neutral Evaluation Process

Posted in Citizens Property Insurance, Insurance, Legislature, Neutral Evaluation, Sinkhole, Uncategorized

Back in 2007, the insurance industry lobbied for the passage of an alternative dispute resolution mechanism for disputed sinkhole claims – a process which they cleverly entitled “Neutral Evaluation”.  The concept was that if there was a disagreement between a property owner and an insurance company as to any issue related to a sinkhole claim,… Continue Reading