Citizens Property Insurance scandalized in the realm of homeowners insurance Florida’s Citizens Property Insurance has been the target of scandals over the past several months. The state-run organization, through which the majority of Florida residents receive their homeowners insurance coverage, has been wrangling with financial problems for years and has recently begun shedding policies, which are being taken up by private insurance companies. Amidst a flurry of criticism, Citizens Property Insurance President Barry Gilway appeared before Florida lawmakers this week to defend the state-run insurer. State-run insurer continues to struggle…
Read MoreHomeowners insurance group under fire from Florida legislators
