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Across all personal lines of insurance — a category that includes policies for homeowners, condominium-unit owners, renters and mobile homes — the average increase would be 14 percent.
Citizens' action arrives at a time when older condominiums are getting increased scrutiny, including new requirements to pass building inspections and undergo studies of condo associations ...
Barry Gilway was hired on June 18, 2012, as president and chief executive officer of Citizens Property Insurance Corporation, [14] replacing Tom Grady. [15] With 42 years of experience in the insurance industry, he has a reputation as a turnaround specialist. [16] He was keenly aware that his first priority was to shrink the number of Citizens ...
Yet more states are creating these plans to bolster private property insurance markets. Nationwide, the number of FAIR Plan insurance policies nearly doubled between 2018 and 2023, rising to 2.7 ...
Former Citizens Savings Bank building in Canonicus Square, Providence, Rhode Island. Citizens was established in 1828 as the High Street Bank in Providence, Rhode Island. [10] [11] In 1871, the Rhode Island legislature gave a second charter to establish the Citizens Savings Bank which eventually acquired its parent group to form Citizens Trust ...
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