citizens insurance watchdog Archives

Insurance news in Florida made when Governor contacted Citizens

November 22, 2012November 20, 2012 Julie Campbell

Florida homeowners insurance, Citizens Property

Gov. Rick Scott is seeking to find out why the state-backed insurer fired its corporate integrity team. The Governor of Florida, Rick Scott, has made insurance news by throwing in his support for the efforts to investigate why the corporate integrity team was let go from the state’s insurer of last resort, Citizens Property Insurance Corp. The Chief Inspector General, Melinda Miguel, has now been assigned to investigate the event. On Monday, Governor Scott directed the Chief Inspector General to look into the termination of the watchdog team – which…

Homeowners insurance of last resort shuts down internal watchdog

October 24, 2012October 24, 2012 Julie Campbell

Citizens in Florida is now under fire against significant opposition to the move. Citizens Property has already been facing fierce opposition from critics over the recent changes that it has been making to its homeowners insurance coverage in order to decrease its number of policyholders, and this disapproval was heightened this week when it announced that it has axed its own internal watchdog group. This occurred at the same time that the insurer is already under investigation for high corporate spending. On Monday, Dan Krassner, the executive director of Integrity…