Changes Coming To Citizens? Wait…and See?

04 Feb Changes Coming To Citizens? Wait…and See?

While the State has, for years (decades?) dragged its feet on reforming Citizens, have to give (partial) credit where credit is due…it certainlyappears as though the State (and the OIR) is more committed to reforming Citizens now than at any other time in the past.  This is also one of the first times that – again, appearances count – the State and the OIR have been candid in discussing the real hurdles and market pain that will exist if/when changes to Citizens are made.  Kudos to Kevin McCarty (“You cannot be an alternative market offering affordable insurance and at the same time be a market of last resort”) and to State Senator David Simmons who “[acknowledges] that the path ahead will not be easy.”


On an anecdotal basis, it seems like many consumers are noticing rising insurance rates for their homes, apartments, and condominiums.  And that’s NEVER an easy circumstance…especially in an economy like this one.  But the reformation of Citizens will – as per K McCarty and D Simmons – involve some wrenching changes.  And as Citizens sheds policies , then it’s apparent that those changes are underfoot.


Sabal’s clients know that they’re not relegated to Citizens.  Sabal assists its many commercial clients find affordable coverage in the private markets every day and we continue to do so as new markets emerge for property risks in Florida (and beyond).  Sabal can assist you in your search for property coverage, especially high-valued, multi-family, and coastal property risks.   You can check our website for our extensive capabilities (and our shortform property application!  Find it here).  If it’s simpler, you can call us at 800 716 9948 or email us

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Sabal Insurance Group specializes in the development of innovative insurance solutions for clients nationally and internationally.   These solutions include comprehensive property and liability programs, general and professional liability, workers’ compensation, auto/fleet, and surety bonds.   Our personal lines department offers homeowners, auto, boat, motorcycle, and recreational vehicle insurance.  We also handle rental properties nationwide, as well as jewelry and fine arts (including the coordination of appraisals and valuations).   Licensed in all 50 states, we serve a diverse client base that spans the United States, Europe, and Latin America from our headquarters in Fort Lauderdale, Florida.   Sabal Insurance Group represents multiple insurance carriers, so we offer our clients a wide choice of products and coverages at the best pricing available in the global insurance marketplace. At Sabal, we add exceptional value to insurance and risk management programs through creative placements and aggressive representation of our clients’ interests.