Milton would have triggered assessment, insolvencies absent reforms: Citizens CEO
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Milton would have triggered assessment, insolvencies absent reforms: Citizens CEO

CEO Cerio highlighted changes that allowed the insurer of last resort to combine commercial, coastal and personal lines.

By Clark Mindock
January 14, 2025
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Florida Citizens CEO Tim Cerio told Florida lawmakers during a meeting Tuesday that Hurricane Milton “would have triggered an assessment” absent regulatory reforms instituted in recent years.

Cerio

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NewsFloridaCatastrophe lossesPropertyPersonal lines
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