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Citizens Property Insurance history
Citizens Property Insurance company history timeline
There were four major storms in 2004 that made landfall in Florida, with total damages exceeding $57 billion.
As of 2005, Florida owed almost $5 billion, which would be recovered through insurance policy assessments.
Through 2006, Citizens Insurance charged its customers the highest rate approved by the Florida Office of Insurance Regulation to avoid competing with private carriers.
As announced in the August 26, 2021, Agent Updates Bulletin, Citizens will update PolicyCenter® processes by October 7, 2021, to procure loss history information when the permission of the applicant(s) is obtained before a risk can be submitted.
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Citizens Property Insurance competitors
| Company name | Founded date | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| American Strategic Insurance | 1997 | $490.0M | 500 | - |
| Protective Life | 1907 | $131.2M | 3,200 | 58 |
| Federal Deposit Insurance | 1933 | $5.5B | 5,977 | - |
| Avenue Financial Holdings | 2006 | - | 176 | - |
| Federal Reserve Bank of Dallas | 1919 | $171.9M | 1,000 | - |
| ICW Group | 1972 | $364.5M | 962 | 16 |
| Allied Insurance Brokers | 1982 | $57.0M | 39 | 1 |
| The Hanover Insurance Group | 1852 | $5.2B | 4,600 | 186 |
| Tower Hill Insurance | 1972 | $392.0M | 481 | 25 |
| MAPFRE | 1920 | $350.0M | 600 | - |
Citizens Property Insurance history FAQs
Zippia gives an in-depth look into the details of Citizens Property Insurance, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Citizens Property Insurance. The employee data is based on information from people who have self-reported their past or current employments at Citizens Property Insurance. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by Citizens Property Insurance. The data presented on this page does not represent the view of Citizens Property Insurance and its employees or that of Zippia.
Citizens Property Insurance may also be known as or be related to Citizens Property Insurance and Citizens Property Insurance Corporation.