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Citizens Completes Financial Preparations for 2015 Hurricane Season

TALLAHASSEE, FL – Citizens Property Insurance Corporation this week completed its 2015 hurricane season preparations by closing a $1.0 billion bond transaction to secure ready resources in the event of a major storm. On Tuesday, Citizens closed on the pre-event bonds that will provide the state’s insurer of last resort

Senate Releases FHIX Facts, Addresses Misconceptions Regarding Senate Bill 2-A

Tallahassee, FL–As the Florida House of Representatives considers Senate Bill 2-A, legislation which creates the Florida Health Insurance Affordability Exchange Program (FHIX), the Florida Senate released the following FHIX Facts to address common misconceptions regarding this bipartisan solution to the critical health care challenges facing Florida. “Over the last several

Senate Passes the Florida Health Insurance Affordability Exchange with Health Outcome Review Commission

  Tallahassee, FL–Senate Majority Leader Bill Galvano (R-Bradenton) today released the following statement regarding the passing of Senate Bill 2-A, Health Insurance Affordability Exchange, creating the Florida Health Insurance Affordability Exchange Program (FHIX). This legislation provides health care coverage to low income working Floridians through premium assistance. “Today, the Senate

Governor Scott’s Tax Cuts Take Major Hit in Florida House

TALLAHASSEE — Gov. Rick Scott picked a good time to be far from the Capitol Tuesday as House members slashed his tax cuts and angry senators accused his top Medicaid expert of playing politics with health care. On the second day of a three-week special legislative session, Scott was at

Senate Appropriations Committee Passes FHIX, Adopts Strict Sunset Date to Protect Florida Taxpayers

Tallahassee, FL–The Florida Senate Committee on Appropriations, chaired by Senator Tom Lee (R-Brandon), today passed Senate Bill 2-A, Health Insurance Affordability Exchange, creating the Florida Health Insurance Affordability Exchange Program (FHIX), which offers premium assistance to help low income working Floridians purchase private health care coverage. The committee adopted an

Citizens Insurance bills — one signed and one vetoed by Governor Scott today

On June 2 Governor Scott signed HB 715 Eligibility for Coverage by Citizens Property Insurance Corporation by Rep. Raschein.  This bill removes the prohibition of certain improvements to major structures from being eligible for Citizens Property Insurance coverage. The bill also revises provisions regarding coverage for major structures that have undergone

Health Insurers Ask for up to 63 Percent Higher Rates in Florida

Health insurers in Florida want rate increases up to 63 percent in 2016, according to federal information posted Monday. The state’s outliers top an eye-popping 51 percent increase for New Mexico insurer Blue Cross Blue Shield, one of the highest requests known nationally before this week. In Florida, Time Insurance