Florida Citizens reinsurance program remains 64% unplaced
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Florida Citizens reinsurance program remains 64% unplaced

Liz Bury
June 03, 2022
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Florida Citizens Property Insurance has placed 36% of its reinsurance program, or $1.25bn of a targeted $3.43bn, with the biggest gap in coverage applying to its personal lines account.

The personal lines account is just 14% placed – representing $309mn out of the target limit of $2.19bn.

Jennifer Montero, CFO at Citizens, said the state-backed carrier still hoped to fill out more of its personal lines program with “a...

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