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Posts Tagged ‘citizens’

Florida’s Largest MH Insurer Wants to Reduce

May 8th, 2012 Comments off

Following up on a story we published April 25, 2012, TCPalm says state-run Citizens Property Insurance in Florida wants to reduce its policyholders by some 687,000, 45 percent. Created by the state to provide insurance for manufactured home owners ineligible for private insurance, Citizens is now the largest insurance company in the state, with 1.5 million policies. In addition to raising rates, it will no longer cover carports and porches, MHProNews.com has learned. The company says a major hurricane this season could wipe out its $6 billion surplus, and it’s artificially low rates discourages private business by making the market uncompetitive. However, some say private insurers will not return, especially not to high-risk coastal areas. One resident, knowing that living in Port St. Lucie in a manufactured home adds to the premium, expects his insurance to rise ten percent when his Citizens policy renews in November.

(Photo credit: InsideFlorida)

Forum to Review MH Guidelines for Residents

March 27th, 2012 Comments off

WickedLocal tells MHProNews.com Massachusetts State Sen. Marc R. Pacheco has scheduled a forum March 30 in Middleborough in the southeastern part of the state to review manufactured housing laws. In coordination with the attorney general’s office and the Department of Housing and Community Development, this forum will be for Plymouth County residents; a second one will be held in neighboring Bristol County at a future date. Says Pacheco, “There has been a significant increase in individuals living in manufactured housing communities throughout my district and many have expressed an interest in learning more about the laws for manufactured housing living. Manufactured housing residents have a unique tenant/landlord/ community relationship and we put this forum together to allow citizens an opportunity to review the manufactured housing law guide and help answer questions they may have.” Specific problems that a MHC may be experiencing will not be addressed.

(Photo credit: Town of Middleborough)