Citizens anticipates growth after Demotech downgrades

Florida Citizens Property Insurance is expecting an increase in
business as a result of Demotech's warning that local insurers
with less than $25mn surplus may be downgraded, according to its
chief financial officer Jennifer Montero.
"There is a possibility if there isn't a home for these
policies with the downgraded companies, they will come back to
Citizens," she said on 28 February during a panel discussion
at the Sifma IRLS conference in Miami.
Citizens budgeted for small growth this year...