In the News Insurer to Take 31,000 Commercial Wind Policies from Florida’s Citizens
From Insurance Journal:
R Street Institute Florida Director Christine Camara praised the deal for helping Citizens shed some of its exposure while lessening the possibility of future assessments on policyholders.
Camara, however, said that Citizens is still seeing thousands of applications coming through the door every day and called for lawmakers to act.
“The success of this and future take-out agreements depends on meaningful reforms by the legislature to stop the current influx of new policies into Citizens,” said Camara.
