" Citizens Property Insurance Corp., the state-backed nonprofit home insurance company was set up to be an #insurer of last resort for those who canโt find coverage in the private market. Citizens is by far the largest provider in [#Florida].
But now, with #HurricaneHelene and #HurricaneMilton both making landfall in Florida within just days of each other, the insurer will almost certainly have to pay out billions of dollars in claims.
Can Citizens stay afloat? "
https://www.cnn.com/2024/10/11/business/citizens-insurance-hurricane-milton/index.html