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Citizens Insurance Review 2024 | Bankrate

Savings Corner

This led the Florida Office of Insurance Regulation (OIR) to create a reinsurance fund through Citizens in August 2022. Citizens began 2022 with 776,790 policies and ballooned to 1,111,283 by October 2022, a 43 percent increase. In the last few years, many private carriers have stopped writing home insurance policies in the state.