Now that regulators in Florida’s insurance industry have given the green-light to 12 private insurers, those companies will assume almost a half-million insurance policies from Citizens Property Insurance. The move represents the largest shift of policies from the state’s control into private hands. It’s also being seen as one of the most important steps toward [...]

As Citizens does its best to reduce the number of policies it has, many policyholders are confused – even resentful – at the methods the state-run insurer is using to lower numbers. The current goal of Citizens is to vastly reduce the number of policies so it can zero-in on its official mandate: to insure [...]