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Four insurers approved to take out up to 184,000 Citizens policies

Recently created Slide Insurance and four other companies have been approved to take up to 184,000 policies out of Citizens Property Insurance Corp., Florida’s “insurer of last resort.”

Slide’s CEO Bruce Lucas on Tuesday characterized his company’s approval to take over up to 100,000 Citizens policies as “one of the largest takeout approvals ever in Florida, if not the largest,” according to the insurance-news website Artemis.bm.