INSURASALES

Tag: depopulation

Florida Approves Major Policy Transfers from Citizens to Private Insurers

Florida regulators approve Southern Oak and American Integrity to assume over 51,000 policies from Citizens Property Insurance, advancing the state's insurance market depopulation strategy and signaling market stabilization.

Florida's Patriot Select Resumes Depopulation Role After Supervision Lift

Patriot Select, formerly Anchor Property & Casualty, exits Florida's regulatory supervision and plans to assume 39,000 policies from Citizens in a strategic market move under recent insurance reforms.

Mangrove Property Assumes 30,000 Florida Citizens Policies in Depopulation Effort

Mangrove Property Insurance takes on 30,000 policies from Florida's Citizens Property Insurance as part of state-mandated depopulation to shift risk to private insurers. The move reflects ongoing regulatory approval and market adjustments in Florida's property insurance sector.