Exciting Update for Florida Property Insurance
Citizens has removed nearly $200 billion in exposure from its books!
As Florida's insurer of last resort, Citizens is finally making moves toward regaining its true purpose. Thanks to recent changes in legislation prompting several takeouts, the Citizens policy count has dropped by just over 19%.
The policy count is on track to dip below 1 million by the end of 2024. Which will be the first time below 1 million in 2 years! 🎉
Read the full article here:
https://www.citizensfla.com/-/20241204-citizens-policy-count-below-1m