depopulation News

Additional 30,050 Policies Approved to be Removed From Florida Insurer

The Florida Office of Insurance Regulation has approved the removal of up to 30,000 personal residential policies and 50 commercial residential polices from Citizens Property Insurance Corporation by the following two companies: Heritage Property & Casualty Insurance Company – approved …

Legislative Focus for Texas Windstorm Insurer: Funding, Depopulation

The Texas Windstorm Insurance Association, the state-created insurer that provides property coverage for wind and hail in 14 coastal counties and parts of Harris County, has submitted a report to the Legislature with recommendations to bolster TWIA’s operational efficiency, stabilize …

Louisiana Insurance Commissioner Says Fewer Customers Have Citizens Insurance

Insurance Commissioner Jim Donelon says fewer homeowners and businesses have property insurance through the state-run insurer of last resort. Donelon announced Wednesday that Louisiana Citizens Property Insurance Corp. has 93,000 policies, nearly all of them for homeowners. The number represents …