Blog: Citizens
Citizens loses condo court case
DAYTONA BEACH — For the second time in less than a year, a jury on Tuesday found that state-run Citizens Property Insurance Corp. should pay owners of a local condominium for damages sustained during Hurricane Frances in 2004. Owners of the 18-story, 124-unit Inlet Condominium in New Smyrna Beach were awarded $3.3 million for damages…
Condos Say State Insurer Owes Them Millions for 2004 Hurricane Damage
It’s been four years since Florida suffered through its worst hurricane season in recorded history — the 2004 quartet of Charley, Frances, Jeanne and Ivan, and a cumulative $42 billion in damage. Yet Citizens Property Insurance Corp. still has almost 2,000 unresolved homeowner-damage claims from that season and the 2005 storms. Now, several beachfront condominiums…
Citizens, spinoffs top 2005 complaint list
TALLAHASSEE — Citizens Property Insurance and its spin-off insurance companies again lead the state in hurricane-related complaints — though the industry as a whole is drawing less fire than last year. Regulators show Florida’s insurer of last resort has incurred more than five times the number of complaints against Florida’s largest private insurers, State Farm…
