The number approved for takeout is not necessarily the number that will actually be removed from Citizens. In 2014, the total number of policies approved for take-outs was 1,109,644  while the actual number of policies removed from Citizens this year as of September 18, 2014 is 127,550, according to OIR.

  • Anchor Property & Casualty Insurance Company – approved to remove up to 50,000 personal residential policies (36,000 Personal Lines Account (PLA) and 14,000 Coastal Account (CA))
  • Avatar Property & Casualty Insurance Company – approved to remove up to 10,000 personal residential PLA policies
  • Cypress Property & Casualty Insurance Company – approved to remove up to 23,000 personal residential policies (20,337 PLA/2,663 CA)
  • Heritage Property & Casualty Insurance Company – approved to remove up to 20,000 personal residential policies (17,000 PLA/3,000 CA) and up to 500 commercial residential policies (472 Commercial Lines Account (CLA) and 28 CA policies)
  • Mount Beacon Insurance Company – approved to remove up to 38,485 personal residential policies (29,485 PLA/9,000 CA)
  • Prepared Insurance Company – approved to remove up to 20,000 personal residential PLA policies
  • Security First Insurance Company – approved to remove up to 8,555 personal residential policies (6,868 PLA/1,687 CA)
  • Southern Oak Insurance Company – approved to remove up to 10,000 personal residential policies (8,500 PLA/1,500 CA)
  • United Property & Casualty Insurance Company – approved to remove up to 2,027 commercial residential policies (1,824 CLA/203 CA)

Please call L & S Insurance at 1-888-244-7400 for quotes on Home, Auto, Flood, Business & Commercial, & Life & Financial products as well.

http://www.insurancejournal.com/news/southeast/2014/10/30/345474.htm

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