The state-backed Citizens Property Insurance Corp. has surpassed 1 million policies for the first time since 2014. Created as an insurer of last resort, Citizens has been absorbing a flood of policies as private insurers drop customers and push for large rate increases because of financial losses.
The state-backed Citizens Property Insurance Corp. has surpassed 1 million policies for the first time since 2014. Created as an insurer of last resort, Citizens has been absorbing a flood of policies as private insurers drop customers and push for large rate increases because of financial losses.