Understanding the Unique Nature of Citizens Property Insurance Corporation Sample Clauses

Understanding the Unique Nature of Citizens Property Insurance Corporation. A thorough understanding of the unique nature of Citizens is critical to effective representation of Citizens.‌ Citizens is a governmental entity and an integral part of the state under section 627.351 (6), Florida Statutes. It is not a private insurance company. Its Board of Governors is appointed by the State’s Governor, Chief Financial Officer, Senate President and House Speaker. It is subject to the chapter 119 public records law and record retention requirements. It does follow chapter 286, Florida Statutes, and sunshine law requirements. Citizens’ enabling statute grants immunity for all causes of action against Citizens, as follows: There shall be no liability on the part of, and no cause of action of any nature shall arise against, any assessable insurer or its agents or employees, the corporation or its agents or employees, members of the board of governors or their respective designees at a board meeting, corporation committee members, or the office or its representatives, for any action taken by them in the performance of their duties or responsibilities under this subsection. Such immunity does not apply to: 1.4.1. Any of the foregoing persons or entities for any willful tort; 1.4.2. The corporation or its producing agents for breach of any contract or agreement pertaining to insurance coverage; 1.4.3. The corporation with respect to issuance or payment of debt; 1.4.4. Any assessable insurer with respect to any action to enforce an assessable insurer’s obligations to the corporation under this subsection; or 1.4.5. The corporation in any pending or future action for breach of contract or for benefits under a policy issued by the corporation; in any such action, the corporation shall be liable to the policyholders and beneficiaries for attorney’s fees under s. 627.428.
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Understanding the Unique Nature of Citizens Property Insurance Corporation. A thorough understanding of the unique nature of Citizens Property Insurance Corporation (Citizens) is critical to effective representation of Citizens and its insureds. Citizens is committed to maintaining a versatile legal services plan that encourages superior customer service, quality file handling, exceptional legal representation and responsible cost control. Citizens’ Guidelines for Claims & Litigation Legal Services is a manual intended to bring flexible uniformity to the handling of all matters in which legal services are necessary. These Guidelines are centered on teamwork and flexibility in order to ensure effective and efficient legal representation on behalf of Citizens and its insureds in a third party matter. The Guidelines focus on early evaluation and planning, ongoing communication, a clear delineation of responsibilities and appropriate use of legal services. The goal is to identify the most effective and efficient case plan and invest resources accordingly. Through teamwork, joint accountability and commitment to the overall ideals of Citizens Property Insurance Corporation, we strive to achieve superior customer service, effective relationships with the Firms representing Citizens and its insureds in third party matters and fiscally responsible management of matters involving legal services. As a government entity fulfilling a public purpose, Citizens aspires to provide insurance products and services that meet the needs of Florida property owners who are, in good faith, entitled to obtain coverage through the private market but are unable to do so. We strive to reduce the financial burden on all Floridians by being good stewards of the premium funds entrusted to us. In all that we do, we will conduct ourselves with the highest level of ethical behavior. Efficiently provide property insurance protection in Florida to those who are, in good faith, entitled to obtain coverage through the private market but are unable to do so, while also providing levels of customer service that are comparable to the standards of the private market. In accomplishing our mission, we embrace the following values: • Public Service: We support the private marketplace, providing quality services to our customers and being there when Florida policyholders need us. • Integrity: We embrace our values and code of ethics with pride. • Respect: We are polite, courteous and respect one another and those we serve. • Responsiveness: We will provide quality service tha...
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Understanding the Unique Nature of Citizens Property Insurance Corporation. ‌ a. Any of the foregoing persons or entities for any willful tort; b. The corporation or its producing agents for breach of any contract or agreement pertaining to insurance coverage; c. The corporation with respect to issuance or payment of debt; d. Any assessable insurer with respect to any action to enforce an assessable insurer’s obligations to the corporation under this subsection; or e. The corporation in any pending or future action for breach of contract or for benefits under a policy issued by the corporation; in any such action, the corporation shall be liable to the policyholders and beneficiaries for attorney’s fees under s. 627.428. Citizens acknowledges that this is a unique and novel issue for most courts and the legal community. As such, it is important that Outside Counsel evaluate the applicability of Citizens’ immunity to any case in which Citizens is the defendant. In the event that Citizens’ immunity is implicated in any matter, the issue must be immediately raised to the attention of the Citizens Legal Management Team. Citizens aspires to be a responsive xxxxxxx of the public trust. We strive to be an important insurance safety net for Floridians.
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Understanding the Unique Nature of Citizens Property Insurance Corporation. A thorough understanding of the unique nature of Citizens is critical to effective representation of Citizens. 1.4.1. Any of the foregoing persons or entities for any willful tort; 1.4.2. The corporation or its producing agents for breach of any contract or agreement pertaining to insurance coverage; 1.4.3. The corporation with respect to issuance or payment of debt; 1.4.4. Any assessable insurer with respect to any action to enforce an assessable insurer’s obligations to the corporation under this subsection; or 1.4.5. The corporation in any pending or future action for breach of contract or for benefits under a policy issued by the corporation; in any such action, the corporation shall be liable to the policyholders and beneficiaries for attorney’s fees under s. 627.428.
Sample 1
Understanding the Unique Nature of Citizens Property Insurance Corporation. A thorough understanding of the unique nature of Citizens Property Insurance Corporation is critical to effective representation of Citizens. Citizens is a governmental entity and an integral part of the state under section 627.351 (6), Florida Statutes. It is not a private insurance company. Its Board of Governors is appointed by the State’s Governor, Chief Financial Officer, Senate President and House Speaker. It is subject to the chapter 119 public records law and record retention requirements. It does follow chapter 286, Florida Statutes, and sunshine law requirements. Citizens aspires to be a responsive xxxxxxx of the public trust. We strive to be an important insurance safety net for Floridians.
Sample 1

Related to Understanding the Unique Nature of Citizens Property Insurance Corporation

  • Workers' compensation and employer's liability insurance endorsements The following are required: (i) CANCELLATION endorsement which provides that the District is entitled to 30 days prior written notice of cancellation or nonrenewal of the policy, or reduction in coverage, by certified mail, return receipt requested. (ii) WAIVER OF SUBROGATION endorsement which provides that the insurer will waive its right of subrogation against the District, its Trustees, and their officials, employees, volunteers, and agents with respect to any losses paid under the terms of the workers' compensation and employer's liability insurance policy which arise from work performed by the Named Insured for the District.

  • Indemnification and Liability Insurance The Subdivider hereby agrees to hold the City of Avon, its officers, directors, agents and employees harmless and to indemnify them against all claims, expenses and liability as a result of loss or injury arising out of the clearing of land or construction of the Subdivision and public improvements. Prior to the commencement of any construction on the Subdivision site, Subdivider agrees to provide the City with proof of One Million ($1,000,000.00) Dollars liability insurance protecting the City from liability arising out of the development of the Subdivision and public improvements. Subdivider shall not allow this insurance to expire earlier than the effective period of any maintenance bond, and shall provide a copy of the insurance policy to remain, at all times, with the Director of Finance of the City.

  • Required Liability Insurance; Personal Property During the full term of the Housing Agreement, Resident agrees to obtain and maintain at Resident’s expense a policy of personal liability insurance (i.e., renter’s liability insurance) from a licensed insurance carrier in the United States, with coverage of at least $100,000 per occurrence at actual replacement cost, covering Owner’s losses of any kind arising from fire, smoke or water and caused by Resident’s negligence and/or by Resident’s animal. The liability insurance requirement and the existence or limits of any such insurance will not reduce or supersede Resident’s obligations under this Housing Agreement, except to the extent Owner charges and Resident pays for a waiver of this insurance requirement as provided below. Resident is not obligated to purchase insurance from any specific provider and may arrange its own personal liability insurance policy from any insurer of Resident’s choosing meeting the requirements of this paragraph, in which case Resident agrees to provide written proof of the required personal liability insurance coverage, including causing Owner and Manager to be listed as named interested parties on such insurance coverage, by mailing the proof of insurance to P.O. Box 18999, Atlanta, GA 31126-1399. Owner will provide instructions prior to move-in for submitting proof of insurance or purchasing a compliant insurance policy; Resident’s failure to comply with these insurance requirements will be a breach by Resident with Owner reserving its remedies but will not give Resident any right of termination. If Resident fails or chooses not to provide sufficient proof of compliant personal liability insurance to Owner by the Start Date, or if Resident’s insurance is cancelled during the term of this Housing Agreement, then Owner may, at its option, waive Resident’s obligation to provide such insurance and obtain its own coverage in Owner’s name for the same limited risks (up to $100,000 per occurrence from fire, smoke or water damage caused accidentally by Resident’s negligence and/or by Resident’s animal) at Owner’s expense; in such case, Resident agrees to pay as consideration for this waiver to $15.00 per installment as additional Rent during the remaining term of this Agreement, of which Owner would retain up to $5.00 per installment as an administrative fee and use the remaining portion to procure such insurance for itself. This waiver is not insurance, does not release Resident from liability for other damage or causes and does not cover Resident’s personal property. Owner strongly recommends that Resident maintain insurance covering Resident’s personal property or belongings, which Resident may elect to purchase. Neither Owner nor any of its employees, representatives or agents assumes any liability, directly or indirectly, for loss or damage to the personal property of Resident or others by fire, theft or any other cause. Any personal property remaining in the bedroom space and/or apartment at the end of the Term or after earlier termination of this Agreement will be considered abandoned by Resident and may be disposed of by Owner at the risk and expense of Resident, with Owner maintaining a landlord’s lien for unpaid rent as provided by law. Owner will not be liable or responsible for storage or disposition of the Resident’s personal property. If there are multiple individuals comprising Resident, then all references to and obligations of Resident in this paragraph 8 will apply to each such individual, separately.

  • Compensation and Employers Liability Insurance a. Statutory California Workers' Compensation coverage including broad form all-states coverage. b. Employer's Liability coverage for not less than one million dollars ($1,000,000) per occurrence.

  • Worker's Compensation and Employer's Liability Insurance The Contractor shall have in effect during the entire life of this Agreement Workers' Compensation and Employer's Liability Insurance providing full statutory coverage. In signing this Agreement, the Contractor certifies, as required by Section 1861 of the California Labor Code, that it is aware of the provisions of Section 3700 of the California Labor Code which requires every employer to be insured against liability for Worker's Compensation or to undertake self-insurance in accordance with the provisions of the Code, and I will comply with such provisions before commencing the performance of the work of this Agreement.

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