The number of policies under Florida’s state-backed Citizens Property Insurance Corporation has dropped to its lowest level in nearly three years as private insurers continue to assume coverage through a state-led depopulation program.

Citizens is the insurer of last resort in Florida and if its reserves are depleted, every policyholder in the state could pay.

Citizens Property Insurance Corporation recently shed 102,083 of its policies, which private insurers assumed.

In a legal battle between Citizens Property Insurance Corporation and Mayra Avila, the Florida Third District Court of Appeal upheld a lower court's ruling in favor of Avila. The decision, issued on February 26, 2025, reaffirmed that jury verdicts should stand if supported by substantial evidence, rejecting Citizens’ appeal.

Read full article: What Citizens Insurance depopulation means for Florida homeowners How you ... The state’s Citizens Property Insurance Corp. last week shed about 100,000 policies, with its ...

Citizens Property Insurance Corp. has dropped an additional ... private insurers seek approval to take certain numbers of Citizens policies. READ: Many Florida condo buildings could lose state-run insurance coverage under new bill. Here's why A report ...

In Florida, the Citizens Property Insurance Corporation provides coverage if you can't secure it in the private market, but the rates are considerably more expensive. There is no state law in ...

Two different proposed constitutional amendments are aimed at the same thing: reducing home insurance costs. Both would need to be approved by Florida voters.