Citizens and private insurance companies have long complained that Florida is a hotbed for lawsuits that drive up costs in the property-insurance system. (Credit: Roman Motizov/Shutterstock)
It's possible Florida's state-backed Citizens Property Insurance Corp. could be on the path to spending $100 million to defend an increasing number of lawsuits this year.
The Citizens Board of Governors in December approved spending $50 million on outside attorneys needed to handle thousands of lawsuits in claims disputes. A Citizens committee on Thursday recommended approval of another $50 million, a proposal that the board likely will consider during a July 13 meeting.
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