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House Keys

• Citizens insurance slammed for rate hikes, coverage changes

  By Julie Patel and Doreen Hemlock

  Lawmakers, policyholders and others criticized Citizens Property Insurance for raising premiums and lowering coverage limits, among other things, at a meeting in Miami Monday.

  They said moves proposed by Citizens, the state's largest property insurer with 1.4 million policies, could hurt the whole state' [...]

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• Scam involves phony short sale approval letters

  Local homeowners and title insurance companies are being warned about bogus short sale approval letters from Bank of America.
  
  Attorneys' Title Fund Services, one of Florida’s largest title insurance underwriters, sent an alert last week, saying scammers are mimicking the lending giant's approval letters, including similar [...]

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• Citizens committee approves higher deductibles, less coverage

  Citizens Property Insurance's actuarial committee voted on proposals today to increase certain deductibles and lower some coverage.

  The proposals will be considered by Citizens’ board next week. The committee met before a Citizens workshop this morning in Miami on rate hike proposals.

  The committee approved proposals to:

  Implement a limit' [...]

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