Two Florida companies have been approved to remove an additional 60,000 policies from the state's residual insurer, according to the Office of Insurance Regulation (OIR).

These newest bundles are in addition to 150,000 policies to be potentially taken off of the books of Citizens Property Insurance Corp. by four OIR-approved domestic insurers.

The OIR says this year 84,339 policies have already been removed from Citizens—the state's insurer of last resort which has grown to become Florida's largest writer of property insurance.

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