Florida Market Study Will Evaluate Exposures, Strategies for Citizens Property Insurance
Citizens Property Insurance Corp., Florida’s insurer of last resort, has moved forward with an independent study that will evaluate the insurer’s potential exposures from the state’s troubled property insurance market.
The Citizens’ Board of Governors voted at its last meeting to approve a proposal by Florida State University for an Exposure Reduction Study at a cost of $265,266 over an 8-month period that began in April. A final report of the study is to be completed by December 2020.