Daniel Korzeniewsk/shutterstock.com_110564096

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.

Already registered?

Login to your account

For multi-user price options, or to check if your company has an existing subscription that we can add you to for FREE, please email Adrian Tapping at atapping@newtonmedia.co.uk

More on this story

US P&C mutuals double net income as underwriting turns profitable: AM Best

25 September 2026 Rate increases, improved cat results helped mutuals strengthen profitability in 2025.

AI and supply chains emerge as key links in rising systemic risk: Swiss Re, LSE

25 September 2026 Just three providers process 97% of global credit card transactions, analysis finds.

IAG settles $1.9bn Credit Suisse litigation

25 September 2026 Insurer expects recoveries to limit financial impact from settlement.

More articles

US P&C mutuals double net income as underwriting turns profitable: AM Best

AI and supply chains emerge as key links in rising systemic risk: Swiss Re, LSE

IAG settles $1.9bn Credit Suisse litigation

NormanMax parametrics bows out of buyout bid for its Lloyd’s syndicate

Gallagher's $10bn M&A war chest waits out dawdling sellers

Multi-billion dollar data centre opportunity comes with cyber accumulation warning

London and US markets compete as energy risks evolve: Amwins

Verdant Rock secures 30% quota share reinsurance treaty

Copyright © intelligentinsurer.com 2024 | Headless Content Management with Blaze