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.
Insurance Issue Leaves Some Players Off World Baseball Classic Rosters 
What Analysts Are Saying About the 2026 P/C Insurance Market 
How One Fla. Insurance Agent Allegedly Used Another’s License to Swipe Commissions 
‘Structural Shift’ Occurring in California Surplus Lines 
