Citizens' board signs off on increased reinsurance spend
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Citizens' board signs off on increased reinsurance spend

Laura Sanicola
18 May 2019
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Aerial drone image of hotels and resorts on St Pete Petersburg Beach Florida USA

The governing board of Citizens Property Insurance approved the state-run carrier’s motion to add 10 percent to its targeted reinsurance spend, taking its budgeted premium outlay to $110mn for the 2019 hurricane season – a 25 percent increase over the...

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