jump to main menu jump to subject menu jump to content jump to footer

Take-Out Companies

Companies

A company interested in participating in the Citizens Depopulation Program (take-out process) must submit the appropriate documentation to the Office for review and approval. The following information details those requirements:

  • March 11, 2008 - Order Approving Citizens Personal Residential & Commercial Residential Non-Bonus Take-out Plans
    • March 20, 2008 – Requirements for the Citizens Depopulation Process
    • June 23, 2008 – Additional Requirements for Companies Participating in the Depopulation Process
    • October 8, 2008 – Clarification Regarding Changes to the Citizens Depopulation Process
  • June 25, 2012 – Order Approving Amendment to Citizens Personal Residential & Commercial Residential Non-Bonus Takeout Plans
  • Requirements for Requesting Approval to Participate in the Takeout Process - Link

2014 Assumption Calendar Deadlines (includes Jan. /Feb. 2015):


Take-Out Assumption Summaries:


Press Releases


 

Companies Participating in the Personal/Commercial Residential Take-Out Program:



Company Name
Website/Contact Info.
Financial Statement Pages
(as of 12/31/2013)*
Company Coverage
Comparison(s) vs.
Citizens**
Take-Out
Letters/Consent
Orders/Orders by
Assumption Date***

American Colonial Insurance Company

Website: www.amcolauto.com/

Contact: (877) 214-3970

Key Financial Statement Pages

Investment Financial Statement Pages

Other Financial Statement Pages

Homeowners (HO-3) Policy
Homeowners (HO-6) Policy

12/16/2014

American Integrity Insurance Company of Florida

Website: www.aiicfl.com

Contact: (866) 663-8812

Key Financial Statement Pages

Investment Financial Statement Pages

Other Financial Statement Pages

Multi-Peril Policy

11/16/2010
4/13/2010
11/6/2012
12/4/2012
12/10/2013
5/20/2014
11/18/2014

Anchor Property & Casualty Insurance Company

Website: relyonanchor.com

Contact: (877) 382-9169

N/A

Homeowners (HO-3) Policy
Homeowners (HO-4) Policy
Homeowners (HO-6) Policy

1/13/2015

Avatar Property & Casualty Insurance Company

Website: www.avatarins.com

Contact: (877) 233-3237

Key Financial Statement Pages

Investment Financial Statement Pages

Other Financial Statement Pages

Multi-Peril Policy
Mobile Home Multi-Peril Policy
Mobile Home Physical Damage Policy

2/12/2013
1/7/2014
3/18/2014
11/18/2014
1/13/2015

Capitol Preferred Insurance
Company

Website:
www.capitolpreferred.com

Contact: (800) 734-4749

Key Financial Statement Pages

Investment Financial Statement Pages

Other Financial Statement Pages

All Lines

2/16/2013
11/18/2014

Cypress Property & Casualty Insurance Company

Website: www.cypressig.com

Contact: (877) 560-5224

Key Financial Statement Pages

Investment Financial Statement Pages

Other Financial Statement Pages

Dwelling Fire (DP-1 & DP-3)

(HO-3); (HO-6); (HO-4)

12/16/2014
1/13/2015

Elements Property Insurance Company

Website: www.elements-ins.com

Contact: (866) 726-3491

Key Financial Statement Pages

Investment Financial Statement Pages

Other Financial Statement Pages

Dwelling Fire (DP-1) Policy
Dwelling Fire (DP-3) Policy
Homeowners (HO-3) Policy
Homeowners (HO-6) Policy

12/10/2013
1/7/2014
2/4/2014
5/20/2014
11/18/2014

First Community Insurance
Company

Website:
www.bankersinsurance.com

Contact: (800) 627-0000 Ext. 4703

Key Financial Statement Pages

Investment Financial Statement Pages

Other Financial Statement Pages

Multi-Peril Policy

10/9/2012
9/10/2013
12/10/2013
2/4/2014

Florida Peninsula Insurance
Company

Website:
www.floridapeninsula.com

Contact: (877) 229-2244

Key Financial Statement Pages

Investment Financial Statement Pages

Other Financial Statement Pages

Multi-Peril Policy

2/14/2012
11/6/2012
1/8/2013
11/5/2013

Heritage Property & Casualty Insurance Company

Website: www.heritagepci.com

Contact: (855) 620-9978

Key Financial Statement Pages

Investment Financial Statement Pages

Other Financial Statement Pages

Multi-Peril Policy

12/4/2012
1/8/2013
4/9/2013
6/28/2013
11/5/2013
12/10/2013
1/7/2014
2/4/2014
3/18/2014
8/19/2014
10/14/2014 & 10/21/2014
11/4/2014
11/18/2014
12/9/2014 & 12/16/2014
1/13/2015

Homeowners Choice Property & Casualty Insurance Company

Website: www.hcpci.com

Contact: (888) 210- 5235

Key Financial Statement Pages

Investment Financial Statement Pages

Other Financial Statement Pages

Multi-Peril Policy

12/7/2010
11/6/2012
11/5/2013
12/16/2014

Mount Beacon Insurance Company

Website: www.mountbeaconinsurance.net
Contact: (844) 279-7312

 

HO-3
HO-6
MHO-3

11/18/2014
12/16/2014
1/13/2015

Olympus Insurance Company

Website: www.olympusfl.com

Contact: (800) 711-9386

Key Financial Statement Pages

Investment Financial Statement Pages

Other Financial Statement Pages

Multi-Peril Policy

12/10/2013
11/18/2014
12/16/2014

Prepared Insurance Company

Website: www.preparedins.com

Contact: (877) 313-1824

Key Financial Statement Pages

Investment Financial Statement Pages

Other Financial Statement Pages

Homeowners (HO-3, HO-6, DP-3) Policy

3/9/2010
1/13/2015

Safe Harbor Insurance
Company

Website:
www.safeharborflorida.com

Contact: (877) 357-5789

Key Financial Statement Pages

Investment Financial Statement Pages

Other Financial Statement Pages

Mobile Home Dwelling Fire (MHDP-1) Policy

3/5/2013
1/7/2014

Safepoint Insurance
Company

Website:
www.safepointins.com

Contact: (877) 858-7445

Key Financial Statement Pages

Investment Financial Statement Pages

Other Financial Statement Pages

Multi-Peril Policy

2/4/2014
3/18/2014
10/21/2014
11/18/2014
12/16/2014

Security First Insurance
Company

Website:
www.sficins.com

Contact: (877) 900-3974

Key Financial Statement Pages

Investment Financial Statement Pages

Other Financial Statement Pages

N/A

1/13/2015

Southern Fidelity Insurance
Company

Website:
www.southernfidelityins.com

Contact: (866) 874-7342

Key Financial Statement Pages

Investment Financial Statement Pages

Other Financial Statement Pages

Multi-Peril Policy

2/16/2010
2/4/2014
11/18/2014

Southern Fidelity Property & Casualty, Inc.

Website: www.southernfidelityins.com

Contact: (866) 874-7342

Key Financial Statement Pages

Investment Financial Statement Pages

Other Financial Statement Pages

Multi-Peril Policy

1/18/2012
5/10/2012
11/5/2013
2/4/2014
2/4/2014

Southern Oak Insurance
Company

Website:
www.southernoakins.com

Contact: (877) 900-3971

Key Financial Statement Pages

Investment Financial Statement Pages

Other Financial Statement Pages

Dwelling Fire (DP-3) Policy
Multi-Peril Policy (HO-3, H0-4, HO-6)
Mobile Home Policy

9/6/2011
11/8/2011
1/10/2012
3/6/2012
7/10/2012
9/4/2012
11/6/2012
1/8/2013
3/5/2013
5/7/2013
7/9/2013
9/10/2013
11/5/2013
1/7/2014
4/15/2014
5/20/2014
7/15/2014
9/16/2014
11/18/2014
1/13/2015

Tower Hill Preferred Insurance
Company

Website: www.thig.com

Contact: (800) 342-3407

Key Financial Statement Pages

Investment Financial Statement Pages

Other Financial Statement Pages

Multi-Peril Policy (HO-3, H0-4, HO-6)

11/5/2013
10/21/2014

Tower Hill Prime Insurance
Company

Website: www.thig.com

Contact: (800) 342-3407

Key Financial Statement Pages

Investment Financial Statement Pages

Other Financial Statement Pages

Multi-Peril Policy (HO-3, H0-4, HO-6)

11/5/2013

Tower Hill Select Insurance
Company

Website: www.thig.com

Contact: (800) 342-3407

Key Financial Statement Pages

Investment Financial Statement Pages

Other Financial Statement Pages

Multi-Peril Policy (HO-3, H0-4, HO-6)

6/4/2013

Tower Hill Signature Insurance Company

Website: www.thig.com

Contact: (800) 342-3407

Key Financial Statement Pages

Investment Financial Statement Pages

Other Financial Statement Pages

Multi-Peril Policy (HO-3, H0-4, HO-6)

11/5/2013
11/5/2013

United Property & Casualty
Insurance Company

Website: www.upcic.com

Contact: (800) 861-4370

Key Financial Statement Pages

Investment Financial Statement Pages

Other Financial Statement Pages

Multi-Peril Policy

3/8/2011
1/8/2013
11/5/2013
11/4/2014
11/18/2014
12/9/2014
1/6/2015

Universal Insurance Company of North America

Website:
www.universalnorthamerica.com

Contact: (866) 458-4262

Key Financial Statement Pages

Investment Financial Statement Pages

Other Financial Statement Pages

Multi-Peril Policy

12/10/2013
11/18/2014

Weston Insurance Company

Website: www.weston-ins.com

Contact: (800) 262-1780

Key Financial Statement Pages

Investment Financial Statement Pages

Other Financial Statement Pages

Homeowners Wind Only Policy (HW2)
Homeowners Wind Only Policy (Tenants – HW4)
Homeowners Wind Only Policy (Unit Owners – HW6)
Dwelling Fire Wind Only Policy (DW2)

1/31/2013
4/17/2013
5/1/2013
11/5/2013

12/12/2013
(CLA wind only)

12/10/2013
(PLA only)

10/14/2014 & 10/21/2014

12/9/2014 & 12/16/2014

*All financial statement pages are as of 12/31/2013 unless otherwise indicated.

**Take-out companies were required to provide a company coverage comparison to a Citizens policy beginning with the November 2012 assumption. Companies participating in take-outs prior to this date may not have one listed.

***The Consent Order is issued to the take-out company by the Office approximately two months before the actual assumption date to remove policyholders from Citizens. (Example – A consent order issued on September 23, 2013 is for an assumption date of November 5, 2013).

Disclaimer: Some of the information on this page was submitted by the insurance companies to the Office. The Office does not warrant the accuracy or completeness of this information.