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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

(The Orlando Sentinel – McClatchy-Tribune Information Services via COMTEX) — DAYTONA BEACH 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…

Is Citizens Property Insurance Spending Money The Right Way?

Sen. J.D. Alexander, R-Winter Haven, asked in a letter today to Florida Citizens Property Insurance why the state-backed insurer needs a fitness center and restaurant and concierge services for the new office space it’s seeking. It’s true the insurer mentioned the amenities in an information request to potential landlords or sellers. But the request shows…

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