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.

The state’s Citizens Property Insurance Corp. last week shed about 100,000 policies, with its number of customers dropping to the lowest total in nearly three years.

The state’s Citizens Property Insurance Corp. last week shed about 100,000 policies, with its number of customers dropping to the lowest total in nearly three years. Citizens, which was created as an insurer of last resort but ballooned in recent years ...

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 ...

The ruling serves as a cautionary tale for homeowners seeking to file insurance claims for weather-related damages. It reinforces the necessity of reporting damages promptly and highlights the evidentiary challenges of linking property damage to specific storms after extended periods of time.

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