Citizens Posts Net Loss of $27M for 2016; Says Water Losses, AOB Abuse to Blame

Citizens Property Insurance Corp. will post a net loss for 2016, its first loss in more than a decade, as water loss claims, assignment of benefit (AOB) abuse and litigation costs increasingly impact the company’s bottom line, according to a …
[Read More ...]

Having a problem with Having a problem with an insurance storm claim? Learn How

Citizens Posts Net Loss of $27M for 2016; Says Water Losses, AOB Abuse to Blame was originally posted by ClaimsMate.com Insurance Information Resources