The Florida Office of Insurance Regulation has approved the removal of up to 181,909 personal residential policies and 2,591 commercial residential/non-residential polices from Citizens Property Insurance Corporation by the following six companies:

Anchor Property & Casualty Insurance Company – approved to remove up to 20,000 personal residential policies (15,951 Personal Lines Account and 4,049 Coastal Account)
Heritage Property & Casualty Insurance Company – approved to remove up to 50,000 personal residential policies (35,000 Personal Lines Account and 15,000 Coastal Account) and up to 500 commercial residential policies (400 Commercial Lines Account and 100 Coastal Account)
Safepoint Insurance Company – approved to remove up to 20,000 personal residential policies (12,000 Personal Lines Account and 8,000 Coastal Account)
Southern Oak Insurance Company - remove up to 15,000 personal residential policies (10,000 Personal Lines Account and 5,000 Coastal Account)
United Property & Casualty Insurance Company – approved to remove up to 50,500 personal residential policies (20,200 Personal Lines Account and 30,300 Coastal Account) and up to 1,000 commercial residential policies (940 Commercial Lines Account and 60 Coastal Account)
Weston Insurance Company - approved to remove up to 26,409 personal residential policies (Coastal Account), up to 1,064 commercial non-residential policies (Commercial Lines Account), and up to 27 commercial residential policies (Commercial Lines Account)

Citizen's Personal Lines and Commercial Lines Accounts are mostly non-coastal properties and the Coastal Account is coastal properties.

Special Reports /

Florida OIR approves removal of up to 184,500 policies from Citizens

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