Citizens Property Insurance Corp. gaining ground

The state-owned, not-for-profit “insurer of last resort” is benefiting from an improving market.


  • By Max Marbut
  • | 12:00 a.m. July 25, 2025
  • | 0 Free Articles Remaining!
Citizens Property Insurance Corp. is moving its headquarters from 301 W. Bay St. in Downtown Jacksonville, above, to the former Florida Coastal School of Law building at 8787 Baypine Road in Baymeadows.
Citizens Property Insurance Corp. is moving its headquarters from 301 W. Bay St. in Downtown Jacksonville, above, to the former Florida Coastal School of Law building at 8787 Baypine Road in Baymeadows.
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The overall health of Florida’s property insurance market is on an upward trend, as is the financial position of the state’s “insurer of last resort.”

Citizens Property Insurance Corp. President, CEO and Executive Director Tim Cerio reported to the Citizens board of governors June 25 that the company continues to benefit from improving market conditions brought on by legislative reforms.

Tim Cerio
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