Welcome to the
Office of Insurance Regulation
Take-out Companies
Information on Companies Recently Approved to Remove Policies from Citizens Property
Insurance Corporation
The information below is provided by the Office of Insurance Regulation for the
purpose of allowing Citizens’ policyholders and their agents to review the financial
status of companies recently approved by the Office to remove policyholders from Citizens.
These companies, called “take-out companies,” have all met or exceeded Florida’s
rigorous statutory requirements to attain a license from the Office to sell property
insurance in the state. It is intended that this information be used to assist in making
a well-informed decision on whether a policyholder wishes to accept or deny a take-out
offer.
If a policy is selected for removal, the take-out company must first notify the
policyholder’s agent, who may refuse to allow the policy to be removed from Citizens.
If the agent refuses, the policyholder will be notified by Citizens that the agent
refused to allow removal of the policy and that the policyholder still has the choice
to accept the take-out offer.
The Office encourages policyholders to talk to their agents, to call the take-out
company or visit its Web site if they have questions or would like more information.
The information on this page is based upon information submitted by these insurance
companies to the Office. The Office does not warrant the accuracy or completeness of this
information.
Citizens Property Insurance Corporation
Companies Participating in the Personal Residential Take-out Program:
American Integrity Insurance Company of Florida
Argus Fire & Casualty Insurance Company
First Home Insurance Company
Florida Peninsula Insurance Company
Homeowners Choice Property and Casualty Insurance Company
HomeWise Preferred Insurance Company
Landmark One Insurance Company
Northern Capital Insurance Company
Southern Oak Insurance Company
Sunshine State Insurance Company
Companies Participating in the Commercial Residential Take-out Program:
Currently, there are no companies participating in this program.