Citizens Property Ins Corp
Major Rating Factors:
Fair profitability index (2.9 on a scale of 0 to 10) with operating losses during 2022 and 2024. History of adequate reserve strength (6.7) as reserves have been consistently at an acceptable level. Good overall results on stability tests (5.4) despite weak results on operational trends, negative cash flow from operations for 2025 and fair risk adjusted capital in prior years.
Other Rating Factors:
Strong long-term capitalization index (7.7) based on excellent current risk adjusted capital (severe and moderate loss scenarios) reflecting significant improvement over results in 2024. Excellent liquidity (7.5) with ample operational cash flow and liquid investments.
Stability Factors:
F - Negative cash flow.
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Homeowners (58.1%), fire (1.9%), other (40.0%)
Licensed in:
FL
Principal Investments:
Investment grade bonds (87.2%), other (12.8%)
Corporate Info
Group Affiliation
None
Investment Rating
--
Company Address
2101 Maryland Circle
Tallahassee, FL 32303
Tallahassee, FL 32303
Phone Number
(866) 411-2742
NAIC Number
10064
Website
Largest Affiliates
No affiliate information available.