Citizens takeouts News

Florida Agents Will Soon Need Three Appointments Before Selling Citizens

Starting July 1, Florida insurance agents must have at least three appointments with authorized carriers before they can sell policies for the state-created Citizens Property Insurance Corp. That’s the mandate laid down by Florida House Bill 1503, signed into law …

Florida OIR Approves Another 54,000 Citizens Takeouts. More Coming if Bills Pass

Florida’s Insurance Commissioner last week approved another round of takeouts from the state-created Citizens Property Insurance Corp., with an assumption dates in May. That brings the total takeouts with 2024 assumptions to more than 354,134, the Office of Insurance Regulation …

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 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 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 30,000 Policies from Citizens

The Florida Office of Insurance Regulation (Office) has approved the removal of up to 30,000 personal residential policies and 50 commercial residential polices from Citizens Property Insurance Corporation (Citizens) by the following two companies: Heritage Property & Casualty Insurance Co. …

Florida Approves Up to 183K Takeouts from Citizens for 2015

The Florida Office of Insurance Regulation (OIR) has approved the removal of up to 180,040 personal residential policies and 2,527 commercial residential polices from Citizens Property Insurance Corp. The OIR said these are the first take-outs approved for 2015. The …

Florida OIR Approves Removal of Up to 427,584 Policies From Citizens

The Florida Office of Insurance Regulation (OIR) announced that it has approved the removal of up to 425,357 personal residential policies and 2,227 commercial residential policies from Citizens Property Insurance Corp. by 14 companies. The OIR said Thursday this is …