I have heard Mr. Gilway speak this past week in Broward county and it is very clear that Citizens will find it’s way down to 500K policies in 3 years or less. The expectation is that 500K policies will be removed from Citizens Later this year and next year in 2014, the 450K new policies that will try to come in will be reduced to 50-75K while they still depopulate more and more. The Real question is how will Realtors and closings be affected by this. Once the new Citizens bill takes affect 01/14/2014 Binder’s will not be allowed from Citizens for any policy until the polcy has been shopped. This will not take long, but if a new policy is found at a higher price , the lender information changes and closing delays will be huge. Please read the full article below as it was sent to us by our friends at First Stae Insurance and how this will affect Fort Lauderdale and all of Florida. Please call L & S Insurance at 1-888-244-7400 for quotes on Home, Auto, Flood, Business & Commercial, and Life Insurance quotes as well.