News & Updates


Policies continue piling up at state-backed insurer

The state-backed Citizens Property Insurance Corp. added about 12,000 policies last week amid continuing fallout of private insurers shutting down or shedding policies.

Citizens, which was created as an insurer or last resort, had 887,847 policies as of Friday, Chief Operating Officer Kelly Booten said Wednesday. As illustrations of its growth, Citizens had 609,805 policies as of May 31, 2021, and 463,247 policies as of May 31, 2020.