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TOP STORY: Citizens Property Insurance Corporation Reduces Wind Limit Eligibility
February 29, 2012
Thursday February 23rd, Citizens’ Board of Governors at the direction of Governor Scott, voted unanimously to change their underwriting manual by limiting residential Condominium buildings with greater than 25% short term rentals to a meager $1 Million windstorm insurance coverage. (read more)
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News & Bulletins
Rising insurance costs likely to bump new home prices
April 2, 2012
Fewer homes may be built near the coast and prices are likely to increase for projects that do go forward after Citizens Property Insurance stopped covering in-progress construction in March, a move that could stunt the building industry's fledgling recovery. (read more)
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