TALLAHASSEE, Fla. – Florida’s Citizens Property Insurance Corp. is delaying by several months a planned expansion of its policy clearinghouse t0 make available those policies up for renewal, in order to improve the online system handling the policies.
The clearinghouse was created in reform legislation passed during 2013 as part of lawmakers’ efforts to help depopulate Citizens. The company leads the state in multiperil homeowners’ insurance sales despite being the property insurer of last resort.
Citizens’ clearinghouse launch began in January and to date has been open to new policyholders only. But before renewal policies are included, Citizens’ is asking New York-based email platform contractor Bolt Solutions to delay opening the clearinghouse for renewal policies to enable better email capability for carriers and agents, Citizens spokesman Michael Peltier told Best’s News Service.
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