Citizens Property Insurance paid $823 million for 2024 hurricane season claims
The state’s insurer of last resort has paid about $823 million in claims related to the 2024 hurricane season, Citizens Property Insurance CEO Tim Cerio told state senators on Tuesday. Still, 11% of claims filed after hurricanes Debby, Helene, and Milton made landfall are still open and 44% were closed without customers receiving any payments,…
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