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[Liability Insurance] FW: Press Advisory: Citizens CEO Gilway responds to House passage of HB 5065

PS
Pence, Scott
Thu, Apr 11, 2019 7:20 PM

Please see attached – thanks to Jay Mussman

Scott P. Pence | Carlton Fields
Board Certified in Construction Law by The Florida Bar
Direct: 813.229.4322 | Fax: 813.229.4133
4221 W. Boy Scout Blvd., Ste. 1000
Tampa, Florida 33607-5780
biohttp://www.cfjblaw.com/spence/ | vcardhttp://www.cfjblaw.com/FCWSite/Features/_Attorneys/vCard.aspx?attorney=7 | linkedinhttp://www.linkedin.com/in/pencescott

From: Mussman, Jay D. jmussman@daypitney.com
Sent: Thursday, April 11, 2019 3:15 PM
To: Pence, Scott spence@carltonfields.com
Subject: FW: Press Advisory: Citizens CEO Gilway responds to House passage of HB 5065
Importance: High

Good afternoon

Please share with committee

Please also share with those on the legislation sub-committee

Thank you

Regards

Jay D. Mussman | Attorney at Law | Attorney Biohttp://www.daypitney.com/professionals/M/Mussman-Jay-D

[cid:image001.jpg@01D4F079.4E99D340]http://www.daypitney.com/

Mizner Park Office Tower | 225 NE Mizner Boulevard, Suite 350 | Boca Raton FL 33432-4078
t (561) 537 4934 | f (561) 952 4267 | m (561) 862 8107

396 Alhambra Circle | North Tower, 14th Floor | Miami FL 33134
t (561) 537 4937 | f (305) 373 4099

jmussman@daypitney.commailto:jmussman@daypitney.com | www.daypitney.comhttp://www.daypitney.com
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From: Newsroom [mailto:Newsroom@citizensfla.com]
Sent: Thursday, April 11, 2019 3:07 PM
To: Newsroom
Subject: Press Advisory: Citizens CEO Gilway responds to House passage of HB 5065

[[EXTERNAL EMAIL]]


[cid:image003.jpg@01D4F078.2BAAC2A0]
FOR IMMEDIATE RELEASE
April 11, 2019

Contact: Michael Peltier
850.513.3774
850.264.7702 (cell)

Advisory: Citizens CEO Gilway responds to House passage of HB 7065

TALLAHASSEE, FL – Citizens CEO, President and Executive Director Barry Gilway made the following statements following the House passage of HB 7065https://www.myfloridahouse.gov/Sections/Bills/billsdetail.aspx?BillId=66245&SessionId=87.

“The bill approved today would take significant steps toward reducing unnecessary litigation and assignment of benefit abuse that are driving up rates for our policyholders,” Gilway said. “As written, this bill will result in lower 2019 rates for some of our policyholders and shorten the time it will take us to provide relief to all of our customers.

“Citizens actuaries are ready to incorporate these changes into their calculations as they go back and reassess our 2019 rate recommendations now pending before the Office of Insurance Regulation.”

“While not providing immediate premium reductions to all Citizens policyholders, the legislation would go a long way toward stabilizing rates and shortening the time it takes for Citizens to provide rate reductions to its policyholders,” Gilway said.

.

In 2002, the Florida Legislature created Citizens Property Insurance Corporation (Citizens), a not-for-profit alternative insurer, whose public purpose is to provide insurance to, and serve the needs of, property owners who cannot find coverage in the private insurance market.


This message contains PRIVILEGED AND CONFIDENTIAL INFORMATION intended solely for the use of the addressee(s) named above. Any disclosure, distribution, copying or use of the information by others is strictly prohibited. If you have received this message in error, please notify the sender by immediate reply and delete the original message. Thank you.



Please see attached – thanks to Jay Mussman Scott P. Pence | Carlton Fields Board Certified in Construction Law by The Florida Bar Direct: 813.229.4322 | Fax: 813.229.4133 4221 W. Boy Scout Blvd., Ste. 1000 Tampa, Florida 33607-5780 bio<http://www.cfjblaw.com/spence/> | vcard<http://www.cfjblaw.com/FCWSite/Features/_Attorneys/vCard.aspx?attorney=7> | linkedin<http://www.linkedin.com/in/pencescott> From: Mussman, Jay D. <jmussman@daypitney.com> Sent: Thursday, April 11, 2019 3:15 PM To: Pence, Scott <spence@carltonfields.com> Subject: FW: Press Advisory: Citizens CEO Gilway responds to House passage of HB 5065 Importance: High Good afternoon Please share with committee Please also share with those on the legislation sub-committee Thank you Regards Jay D. Mussman | Attorney at Law | Attorney Bio<http://www.daypitney.com/professionals/M/Mussman-Jay-D> [cid:image001.jpg@01D4F079.4E99D340]<http://www.daypitney.com/> Mizner Park Office Tower | 225 NE Mizner Boulevard, Suite 350 | Boca Raton FL 33432-4078 t (561) 537 4934 | f (561) 952 4267 | m (561) 862 8107 396 Alhambra Circle | North Tower, 14th Floor | Miami FL 33134 t (561) 537 4937 | f (305) 373 4099 jmussman@daypitney.com<mailto:jmussman@daypitney.com> | www.daypitney.com<http://www.daypitney.com> BOSTON<http://www.daypitney.com/about/offices/boston> | CONNECTICUT<http://www.daypitney.com/about/offices> | FLORIDA<http://www.daypitney.com/about/offices> | NEW JERSEY<http://www.daypitney.com/about/offices/parsippany> | NEW YORK<http://www.daypitney.com/about/offices/new-york> | WASHINGTON, DC<http://www.daypitney.com/about/offices/washington-dc> [Day Pitney LLP on Facebook] <http://facebook.com/DayPitney> [Follow Day Pitney LLP on Twitter] <http://www.twitter.com/daypitneyllp> [Day Pitney LLP on Linkedin] <https://www.linkedin.com/company/day-pitney-llp> From: Newsroom [mailto:Newsroom@citizensfla.com] Sent: Thursday, April 11, 2019 3:07 PM To: Newsroom Subject: Press Advisory: Citizens CEO Gilway responds to House passage of HB 5065 [[EXTERNAL EMAIL]] ________________________________ [cid:image003.jpg@01D4F078.2BAAC2A0] FOR IMMEDIATE RELEASE April 11, 2019 Contact: Michael Peltier 850.513.3774 850.264.7702 (cell) Advisory: Citizens CEO Gilway responds to House passage of HB 7065 TALLAHASSEE, FL – Citizens CEO, President and Executive Director Barry Gilway made the following statements following the House passage of HB 7065<https://www.myfloridahouse.gov/Sections/Bills/billsdetail.aspx?BillId=66245&SessionId=87>. “The bill approved today would take significant steps toward reducing unnecessary litigation and assignment of benefit abuse that are driving up rates for our policyholders,” Gilway said. “As written, this bill will result in lower 2019 rates for some of our policyholders and shorten the time it will take us to provide relief to all of our customers. “Citizens actuaries are ready to incorporate these changes into their calculations as they go back and reassess our 2019 rate recommendations now pending before the Office of Insurance Regulation.” “While not providing immediate premium reductions to all Citizens policyholders, the legislation would go a long way toward stabilizing rates and shortening the time it takes for Citizens to provide rate reductions to its policyholders,” Gilway said. . ### In 2002, the Florida Legislature created Citizens Property Insurance Corporation (Citizens), a not-for-profit alternative insurer, whose public purpose is to provide insurance to, and serve the needs of, property owners who cannot find coverage in the private insurance market. ________________________________ This message contains PRIVILEGED AND CONFIDENTIAL INFORMATION intended solely for the use of the addressee(s) named above. Any disclosure, distribution, copying or use of the information by others is strictly prohibited. If you have received this message in error, please notify the sender by immediate reply and delete the original message. Thank you. ********************************************************************************************************** ________________________________