Florida Insurance Commissioner Kevin McCarty has approved another round of take-outs from the state's bloated insurer of last resort.
McCarty's Office of Insurance Regulation says American Integrity Insurance Co. has been given the go-ahead to take 40,000 policies from Citizens Property Insurance Corp., and the recently-licensed Heritage Property & Casualty Insurance Co. is green-lighted to remove 60,000 policies.
The latest round of take-outs is scheduled for Dec. 4, says the OIR.
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