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.
Florida Mobile Home Insurance Market Still Struggling With Premiums, Coverage 
Mustard Maker Caught Pumping Pollutants Into River for Years and Lying About It 
Marsh Aims to Be ‘AI Winner’ by Focusing on Gains in Growth, Productivity, Efficiency 
AI Ruling Prompts Warnings From Lawyers: Your Chats Could Be Used Against You 
