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‘’ 2012 ‘’ February ‘’ 07

Archive for February 7th, 2012

Citizens boosted home values to raise insurance premiums, suit says

Citizens boosted home values to raise insurance premiums, suit saysNews from Tampabay.com: TALLAHASSEE — Florida homeowners filed a class-action suit against Citizens Property Insurance Corp. on Tuesday, claiming the state-run insurer is systematically overvaluing properties in order to raise premiums. Two New Port Richey home­owners claimed Citizens has used a software system called 360Value to [...]

Citizens Insurance under fire for “increased home valuation” practices

Citizens Insurance under fire for “increased home valuation” practicesNews from ABC Action News: TALLAHASSEE, Fla. – Citizens Property Insurance Corp. is facing a customer backlash over its system for valuating replacement costs for homes. A class-action lawsuit has been filed against the state-run insurer, claiming that Citizens is using a software program called “360Value” to [...]