Homeowners Choice Inc., a Florida-based insurance holding company, reported that its wholly-owned subsidiary, Homeowners Choice Property & Casualty Insurance Co. Inc., assumed approximately 45,000 homeowners’ policies from Citizens Property Insurance Corp.
The policies are assumable under the state’s “take-out” program, designed to reduce the state’s risk exposure by encouraging private insurance companies to assume policies from Citizens.
Source: Homeowners Choice Inc.
www.hcpci.com.
Topics Florida Homeowners
Was this article valuable?
Here are more articles you may enjoy.
Lawyer Who Filed Viral Suit Against JPMorgan Seeks to Exit Case 
JPMorgan Banker Sues Ex-Colleague Over ‘Fabricated’ Sex Claims 
Florida’s Property Tax Plan Risks Charging Fees for ‘Everything’ 
Roof Costs Soar Even as Claims Decline: Verisk 
