Citizen's Insurance approved to depopulate another 125,000 policies
Citizen's Insurance, Florida's insurance of last resort, was approved to transfer another 125,000 policies to 4 other insurance providers namely, Slide Insurance, Florida Peninsula Insurance, Edison Insurance, and U.S. Coastal Property and Casualty Insurance the end of October 2023. Citizens efforts to reduce their policies started a couple of months ago when then moved 100,000 policies to other providers. This effort will move another 125,000 policies. If you are insured by Citizen's, you should receive a letter in the mail explaining the switch.