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Florida OIR Approves Another 60,000 Take-Outs from Citizens

Two Florida companies have been approved to remove an additional 60,000 policies from the states residual insurer, according to the Office of Insurance Regulation.

By Chad Hemenway | Updated on September 25, 2012

Two Florida companies have been approved to remove an additional 60,000 policies from the state’s residual insurer, according to the Office of Insurance Regulation (OIR).

These newest bundles are in addition to 150,000 policies to be potentially taken off of the books of Citizens Property Insurance Corp. by four OIR-approved domestic insurers.

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