Citizens Insurance Review 2024 | Bankrate
Savings Corner
APRIL 4, 2024
Effective July 1, 2023 : Citizens can not issue nonrenewals or cancel policies until damage from covered claims is repaired or until one year after the last claim payment, whichever is sooner. This led the Florida Office of Insurance Regulation (OIR) to create a reinsurance fund through Citizens in August 2022. percent increase.
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