Citizens' state-subsidized insurance policies being converted back to private insurers has to be affecting prices.
Property-owning taxpayers pay for it either way.... a) subsidizing Citizens' policies; or b) higher premiums to private insurers
"It's all part of the aggressive and controversial push by Gov. Rick Scott and the Florida Legislature to shed Citizens Property Insurance of its 1.2 million state-subsidized policies. Under current law, if Citizens falls short of the cash it needs to pay its claims after a massive storm, policyholders of other lines of insurance and state taxpayers will be assessed fees to foot the bill.
But as Citizens shifts policies to the private market, the bottom line for homeowners is that costs will rise. Private companies don't face the same rate caps as those imposed on Citizens and they don't benefit from the taxpayer-backed system."
As Citizens sheds policies, Florida homeowners face tough choices | Tampa Bay Times