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Florida Insurance Commissioner Amends Citizens' Take-Out Procedures

Southeast News • March 12, 2008
Florida Insurance Commissioner Kevin McCarty signed an order approving Citizens Property Insurance Corp. take-out plans for the year and requiring Citizens to notify policyholders whose agents ...

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Subject: RE: RE: Forced Take out

Posted On: March 12, 2008, 10:41 pm CDT
Posted By: little guy
Comment:
My personal experience with take-outs is that half of them will go back into citizens after 1 year, due to non-renewal by take-out carrier. The take-outs' excuse? "Citizens didn't show us the original application so we didn't know this risk would never fit into our underwriting guidelines".
Subject Posted By Posted On
RE: Forced Take out Maria
Mar 19, 2008, 12:52 pm
failing carriers Nathan
Mar 13, 2008, 11:16 am
RE: RE: Forced Take out little guy
Mar 12, 2008, 10:41 pm
RE: Forced Take out Katie
Mar 12, 2008, 6:22 pm
RE: failing carriers actuary
Mar 12, 2008, 4:37 pm
failing carriers 21st century holdings
Mar 12, 2008, 3:51 pm
RE: Forced Take out Brenda
Mar 12, 2008, 3:45 pm
Forced Take out Joe B
Mar 12, 2008, 3:22 pm
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