State insurers graded on how they handle claims

  Tuesday, March 29th, 2011 Source: Herald Tribune

An unpublished state report card grading property insurers for how they handle claims shows more than 2.2 million Florida homeowners — one-third of the market — are insured by carriers that received the lowest grades. Among the worst performers was government-run Citizens Property Insurance, the state’s largest carrier, which received an "E", the lowest possible mark, for timely payment and customer complaints.

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