The state-backed Citizens Property Insurance Corp. added more than 6,000 customers last week, as it approaches 1.2 million policies.
Citizens had 1,189,105 policies as of Friday, up from 1,182,904 a week earlier and 1,177,027 two weeks earlier, according to data posted Tuesday on its website.
Citizens, which was created as an insurer of last resort, has seen massive growth during the past two years as private insurers have dropped customers and raised rates because of financial problems.
In the news: St. Petersburg 8th-Grader Arrested Making Threats On Social Media To Shoot Up School
By comparison, Citizens had 552,340 policies on Feb. 28, 2021, and 792,616 policies on Feb. 28, 2022.
Android Users, Click Here To Download The Free Press App And Never Miss A Story. Follow Us On Facebook Here Or Twitter Here. Signup for our free newsletter by clicking here.