Citizens Property Insurance Corp. has weighed in on a question that could shake up the appraisal process in Florida insurance claims disputes, urging state regulators to require that appraisers be licensed adjusters.
In a motion to intervene in a petition filed with the Florida Department of Financial Services, the state’s largest property insurer said a determination that appraisers do not have to be adjusters would have a “perverse and unintended outcome,” and could potentially impact premiums and assessments paid by Florida policyholders.
