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GeneralInsurance Business

Florida clears two carriers to absorb 40,000 Citizens policies

May 20th, 2026 • 5 minView Source

Mangrove and Florida Peninsula join the state's accelerating push to shrink its insurer of last resort

Commercial risk teams are responding with tighter controls, scenario modeling, and broader collaboration across underwriting, claims, and cyber operations.

Leaders continue to prioritize resilience planning while balancing cost, coverage terms, and operational exposure in a changing market cycle.