Florida Citizens expects 1.2 million policies by year-end as market falters
  • X
  • LinkedIn
  • Show more sharing options
  • Print
  • X
  • LinkedIn
  • Free Trial
  • Log in

Florida Citizens expects 1.2 million policies by year-end as market falters

Liz Bury
13 July 2022
  • X
  • LinkedIn
  • Show more sharing options
  • Print
  • X
  • LinkedIn
citizens-property-insurance.jpg

The Florida private carrier market is losing 25%-35% of surplus a year, with the result that “the market is 75% shut down, with very, very few companies really open,” Citizens president Barry Gilway told his firm’s board today.

The impact was that Citizens estimated its portfolio could grow to 1.2 million customers by the end of this year and that it was a “reasonable forecast” for 1.55

Request a free trial:

Fuel a smarter strategy with our actionable market intelligence

    • Gain a competitive edge and accelerate decision-making
    • Be empowered by insights that transform confusion to clarity
    • Uncover growth opportunities and prepare for potential threats
Request a free trial Already a subscriber? Login now

Topics

NewsFloridaFlorida Citizens
Headshot template (new) (1).png
Liz Bury
Editor
Contact
Gift this article