{"id":32698,"date":"2023-06-07T15:17:54","date_gmt":"2023-06-07T19:17:54","guid":{"rendered":"https:\/\/lakelandgazette.info\/news\/?p=32698"},"modified":"2023-06-07T15:17:59","modified_gmt":"2023-06-07T19:17:59","slug":"state-run-insurance-company-expected-to-drop-thousands-of-policyholders","status":"publish","type":"post","link":"https:\/\/lakelandgazette.info\/news\/2023\/06\/07\/state-run-insurance-company-expected-to-drop-thousands-of-policyholders\/","title":{"rendered":"State-run insurance company expected to drop thousands of policyholders"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">Florida\u2019s largest insurance company state-run Citizens Insurance is getting rid of tens of thousands of policies.<\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-full is-resized\"><img loading=\"lazy\" decoding=\"async\" sizes=\"auto, (max-width: 700px) 100vw, 700px\" src=\"https:\/\/lakelandgazette.info\/news\/wp-content\/uploads\/2023\/06\/citizens-prop-1.webp\" alt=\"\" class=\"wp-image-32699\" width=\"379\" height=\"217\"\/><\/figure>\n<\/div>\n\n\n<p class=\"wp-block-paragraph\">It\u2019s supposed to be the insurer of last resort, but they\u2019ve picked up more than a million policies consisting of people who typically can\u2019t get insurance elsewhere.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Citizen\u2019s insurance has swelled to 1.3 million customers and was never intended to hold that many policies.<\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-full is-resized\"><img loading=\"lazy\" decoding=\"async\" sizes=\"auto, (max-width: 800px) 100vw, 800px\" src=\"https:\/\/lakelandgazette.info\/news\/wp-content\/uploads\/2023\/06\/slide-insurance-logo.png\" alt=\"\" class=\"wp-image-32701\" width=\"358\" height=\"188\" srcset=\"https:\/\/lakelandgazette.info\/news\/wp-content\/uploads\/2023\/06\/slide-insurance-logo.png 800w, https:\/\/lakelandgazette.info\/news\/wp-content\/uploads\/2023\/06\/slide-insurance-logo-300x158.png 300w, https:\/\/lakelandgazette.info\/news\/wp-content\/uploads\/2023\/06\/slide-insurance-logo-768x403.png 768w\" \/><\/figure>\n<\/div>\n\n\n<p class=\"wp-block-paragraph\">Slide Insurance has agreed to step in and take 25,000 of those policies. Loggerhead will take 1,000 policies.<\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-full is-resized\"><img loading=\"lazy\" decoding=\"async\" sizes=\"auto, (max-width: 500px) 100vw, 500px\" src=\"https:\/\/lakelandgazette.info\/news\/wp-content\/uploads\/2023\/06\/Carrier-Loggerhead-500x500-1.png\" alt=\"\" class=\"wp-image-32700\" width=\"268\" height=\"268\" srcset=\"https:\/\/lakelandgazette.info\/news\/wp-content\/uploads\/2023\/06\/Carrier-Loggerhead-500x500-1.png 500w, https:\/\/lakelandgazette.info\/news\/wp-content\/uploads\/2023\/06\/Carrier-Loggerhead-500x500-1-300x300.png 300w, https:\/\/lakelandgazette.info\/news\/wp-content\/uploads\/2023\/06\/Carrier-Loggerhead-500x500-1-150x150.png 150w, https:\/\/lakelandgazette.info\/news\/wp-content\/uploads\/2023\/06\/Carrier-Loggerhead-500x500-1-250x250.png 250w\" \/><\/figure>\n<\/div>\n\n\n<p class=\"wp-block-paragraph\">While it could end up costing policyholders more, even Governor Ron DeSantis has said it\u2019s necessary.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">DeSantis said in March during a trip to Fort Myers that <strong>Citizens has not been solvent<\/strong>.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u201cIf you did have a major, major hurricane hit with a lot of Citizens property holders it would not have enough to pay out,\u201d DeSantis stated.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Florida\u2019s largest insurance company state-run Citizens Insurance is getting rid of tens of thousands of policies. It\u2019s supposed to be the insurer of last resort, but they\u2019ve picked up more&hellip; <\/p>\n","protected":false},"author":2,"featured_media":32699,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false,"_uf_show_specific_survey":0,"_uf_disable_surveys":false,"wpai_generated_summary":"","footnotes":"","jetpack_publicize_message":"{title}\n\n{excerpt}\n\n{url}","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"dois","default_image_id":71799,"font":"","enabled":false},"version":2},"_wpas_customize_per_network":false},"categories":[14],"tags":[5185],"class_list":["post-32698","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-state-run-insurance-company-expected-to-drop-thousands-of-policyholders"],"jetpack_publicize_connections":[],"_links":{"self":[{"href":"https:\/\/lakelandgazette.info\/news\/wp-json\/wp\/v2\/posts\/32698","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/lakelandgazette.info\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/lakelandgazette.info\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/lakelandgazette.info\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/lakelandgazette.info\/news\/wp-json\/wp\/v2\/comments?post=32698"}],"version-history":[{"count":1,"href":"https:\/\/lakelandgazette.info\/news\/wp-json\/wp\/v2\/posts\/32698\/revisions"}],"predecessor-version":[{"id":32702,"href":"https:\/\/lakelandgazette.info\/news\/wp-json\/wp\/v2\/posts\/32698\/revisions\/32702"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/lakelandgazette.info\/news\/wp-json\/wp\/v2\/media\/32699"}],"wp:attachment":[{"href":"https:\/\/lakelandgazette.info\/news\/wp-json\/wp\/v2\/media?parent=32698"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/lakelandgazette.info\/news\/wp-json\/wp\/v2\/categories?post=32698"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/lakelandgazette.info\/news\/wp-json\/wp\/v2\/tags?post=32698"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}