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Citizens (Florida)

Citizens (Florida) is an insurer of last resort, not a standard market carrier. State-created insurer of last resort.

Event history

2025-12-01Residual market

Citizens depopulation moves over 546,000 policies to private carriers in 2025

Citizens’ policy count fell from the 2023 peak of about 1.4 million to under 400,000 by late December 2025, with more than 546,000 policies transferred to private takeout carriers during 2025 via approved depopulation rounds.

Source: Citizens Property Insurance Corporation · verified 2026-07-02