Gov. Ron DeSantis expects lawmakers will make changes in Florida's troubled property-insurance system sometime this year, at the latest after the November elections.

Citizens Insurance Nears 1.15M Policies In Florida

The state-backed Citizens Property Insurance Corp. added more than 3,000 policies last week as it neared a total of 1.15 million policies, according to data posted on its website.
Hurricane Michael Damage, Florida (TFP File Photo)

The state-backed Citizens Property Insurance Corp. added more than 3,000 policies last week as it neared a total of 1.15 million policies, according to data posted on its website.

Citizens had 1,148,629 policies as of Friday, up from 1,145,178 a week earlier.

Citizens, which was created as an insurer of last resort, has seen explosive growth during the past two years as private insurers have dropped customers and raised rates because of financial problems.

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By comparison, Citizens had 759,305 policies at the end of 2021 and 542,739 policies at the end of 2020.

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