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May 2012 Archives

Citizens seeks fewer customers, higher premiums

As Citizens Property Insurance tries to eliminate more than 675,000 policyholders from its rolls by 2014, the state-run insurer is dropping coverage and raising rates at an alarming pace.

Citizens Property Insurance has some new ambitious goals: Move as many as 678,000 policyholders out of state-run insurance and once again become the "insurer of last resort."

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