There’s no telling how many policies will actually be removed from Citizens via the two pending approaches. One, is the old fashioned way–a handful of carriers will take many thousands of policies under the traditional approach used since 2001. The other, more controversial approach, is the “Surplus Note” proposal–only the most “financially qualified” carriers will remove several hundred thousand policies for ten years with rate increases subject to Citizens 10% glide path for three years. [Read more…] about CITIZENS Surplus Notes…Eight Reasons!