Florida Citizens depopulation News

Up to 15,000 Policies Approved for Removal from Citizens by Florida

The Florida Office of Insurance Regulation (OIR) has approved the removal of up to 15,000 personal residential policies from Citizens Property Insurance Corp. for the July 19, 2016 take-out period. The following company has been approved to participate: Southern Oak …

Florida Approves 81,500 Citizens Policies for May 2016 Take-Out

The Florida Office of Insurance Regulation (OIR) has approved the removal of up to 80,000 personal residential policies and 1,500 commercial residential polices from Citizens Property Insurance Corporation (Citizens). The following three companies have been approved to participate: Anchor Property …

Florida Lawmakers Reintroduce Bill Limiting Citizens’ Take-Out Letters

Florida legislators may try once again give additional protections to customers of Citizens Property Insurance. A Senate panel on Feb. 25 approved a bill that would put a limit on how many times a year a homeowner could be asked …

Florida Approves 66,500 Policies from Citizens for April Take-Outs

The Florida Office of Insurance Regulation (OIR) has approved the removal of up to 65,000 personal residential policies and 1,500 commercial residential polices from Citizens Property Insurance Corp. The following two companies have been approved to participate:  Anchor Property & …

Florida’s Citizens Policy Count Reaches Lowest Level on Record

Florida’s Citizens Property Insurance Corporation announced Jan. 20 that it has reduced its policy count to under 500,000. The company said in a statement that its policy count on Jan. 19 was 484,788, the lowest level recorded since Citizens was …

Florida Approves Removal of Up to 75,115 Policies from Citizens

The Florida Office of Insurance Regulation (OIR) has approved the removal of up to 72,534 personal residential policies and 2,581 commercial residential polices from Citizens Property Insurance Corporation. The following three companies have been approved to participate: Avatar Property & …

Florida Approves First Citizens Take-Out Offers for 2016

​The Florida Office of Insurance Regulation (OIR) has approved the removal of up to 127,266 personal residential policies and 3,268 commercial residential/non-residential polices from Citizens Property Insurance Corporation. The announcement represents the first take-out for 2016 and the following five …

Florida Approves the Removal of Up To 142,500 Policies from Citizens

The Florida Office of Insurance Regulation has approved the removal of up to 140,000 personal residential policies and 2,500 commercial residential polices from Citizens Property Insurance Corp. by the following four companies: Anchor Property & Casualty Insurance Co. – approved …

Florida Approves Removal of Up to 184,500 Policies from Citizens

The Florida Office of Insurance Regulation has approved the removal of up to 181,909 personal residential policies and 2,591 commercial residential/non-residential polices from Citizens Property Insurance Corporation (Citizens) by the following six companies: Anchor Property & Casualty Insurance Co. – …

Florida Approves Removal of Up to 280,857 Policies From Citizens

The Florida Office of Insurance Regulation announced today that it has approved the removal of up to 279,357 personal residential policies and 1,500 commercial residential polices from Citizens Property Insurance Corporation by the following seven companies: Anchor Property & Casualty …