Citizens Insurance moves 350,000 Florida homeowners to private insurers as takeout efforts continue

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LAKE WORTH BEACH, Fla. — Citizens Insurance has successfully moved more than 350,000 policies off its books this year, with 42% of those homeowners transitioning to private insurers in Florida. The state's insurer of last resort continues its aggressive depopulation efforts as it works to reduce financial exposure for Florida taxpayers.

Ramsay MacLeod, a Lake Worth Beach homeowner, received her first takeout notice in April from Slide Insurance. The transition comes with a significant financial impact for the fixed-income resident.

"I received the first notice in April, it was an interest from Slide," MacLeod said. Then there was another one (that sa