What is the latest in the ongoing litigation involving Citizens Property Insurance Co.
As you may recall from previous blog posts, Citizens Property Insurance Company ("Citizens") has endured a string of lawsuits over the past several years within the state of Florida. As a bit of review, the state-created insurance entity manages over 500,000 policies within Florida, and is working diligently to bring this number down amid unrelenting claims of water damage, sinkholes, and similar disasters. In other words, the company faces an onslaught of litigation each year, including the most recent holding out of the Supreme Court concerning claims of 'bad faith' claims denials.
