WPTV, Gov. Ron DeSantis calls Citizens Property Insurance 'not solvent' in CNBC interview, Feb. 28, 2024 Citizens Property Insurance Corp., 2023 and 2024 Budget/Projected Risk Transfer Programs ...

Citizens Property Insurance Corp.'s financial data undermines Gov. Ron DeSantis’ use of “not solvent.” Financial experts said that term is inaccurate for the situation.

Insolvency means that a company cannot pay its bills today. That’s not so for Citizens Property Insurance Corp., Florida’s state-backed insurer.

DeSantis said Florida's battered insurance market is stabilizing.During a press conference at Florida International University in Miami on Wednesday, Feb. 5 he cited a 5.6% average decrease in ...

DeSantis says that’s changing, however. Unlike the period between 2019 and 2023, when a slew of insurance companies either decided to roll up their Florida operations or went insolvent, he ...

Significant rate decreases will soon be announced for Citizens Insurance customers in Broward and Miami-Dade counties, Gov. Ron DeSantis announced on Wednesday. The company in June had asked for 14… ...

Most customers of state-run Citizens Property insurance Corp. in Broward and Miami-Dade counties will see substantial rate decreases this year, Gov. Ron DeSantis announced Wednesday. DeSantis said ...

Citizens depopulation program: Not sure if you should take a Citizens Insurance depopulation offer?Here's what to know. Last week, Citizens had 1,255,381 policies, down from 1,344,353 from a week ...

The governor said over 20% of Citizens Insurance policyholders statewide will experience rate decreases averaging 5.6% in 2025. "Overall, statewide, most of the decreases are concentrated in South ...

The two counties make up a large portion of Citizens’ book of business. As of Dec. 31, Citizens had 936,182 policies.Of those, more than 147,000 were in Miami-Dade and about 99,700 were in Broward.