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2 December 2024Insurance

Florida’s Citizens may shed 137,000 policies in 2025 after 2024 record

Florida’s insurer of last resort Citizens could cut 137,000 policies from its books in 2025 to follow up on a record year of depopulation that has seen the policy count fall by a full half million net. Total exposure should fall 15.6% or $60.5 billion to $326.4 billion.

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