Citizens Depopulation Program: Meet the Participating Carriers
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Important announcements to keep you informed about emergencies, storm preparation, and more!

Updated on
November 8, 2025

Citizens Depopulation Program: Meet the Participating Carriers

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Many policyholders have understandable questions and concerns about the insurance companies participating in Florida's ongoing Citizens Property Insurance Corporation depopulation efforts. This program is designed to reduce the number of policies held by Citizens by transitioning them to private market carriers. Our job is to make sure that decision is an informed one.

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This page is updated as new carriers join the program. For more general information about the guidelines for the depopulation program, check out our October blog post.

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American Integrity

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Florida Peninsula

  • Website
  • Year established: 2005
  • "About" Page
  • Affiliations: Owned by Windward Risk Managers which includes Edison Insurance Company & Ovation Home Insurance Exchange
  • Leadership Bios: none posted online
  • Reinsurance/Financial Stability
  • Notes: FL Pen has been one of the longest private homeowners insurance carriers in the Florida market and has survived multiple horrible hurricane seasons. They are also one of, if not the only carrier to file for a rate decrease this year (recently) that was approved by the State.

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Homeowners Choice

  • Website
  • Year established: 2007
  • "About" Page
  • Affiliations: Homeowners Choice is the original carrier in the group of carriers owned by HCI Group, Inc. Their "sister" companies include TypTap, Tailrow (Insurance Exchange) and Core - a commercial residential insurance exchange.
  • Leadership Bios
  • Reinsurance/Financial Stability
  • Notes: HCI Group has proved to be a fierce presence in the Florida Homeowners Markets through some nasty hurricane seasons. They grow their companies in a manner that is conducive to strong financial stability. Homeowners Choice has not been a "direct write" carrier in years as they only "acquire" policies through two main sources. Direct write carriers are carriers that will allow agents to bypass Citizens and write policies directly with them. Homeowners Choice transitioned over the course of years to an acquisition only carrier which allows them to take on very specific business according to their "appetite" or what fits into their business model for coverage & premium. This business model allows them to control their rates more efficiently. Homeowners Choice acquired policies from the now-defunct HomeWise Insurance Co in 2011, Anchor Insurance who opted to close their doors to regroup (more about that below) not due to bankruptcy in 2020. Homeowners Choice also acquires policies via Citizens depopulation efforts. They have been a very stable force in the Florida insurance markets for years and they offer excellent coverage options.

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Manatee

  • Website
  • Year established: 2024
  • "About" Page
  • Affiliations: Manatee Insurance Exchange is part of the Safepoint Group. Safepoint Insurance is the sister company.
  • Leadership Bios: none listed online
  • Reinsurance/Financial Stability
  • Notes: Manatee Insurance Exchange is a reciprocal exchange meaning it is own by its policyholders or "subscribers". Reciprocals can collect extra funds called "subscriber contributions" that are separate from policy premiums to contribute to the exchange's surplus. The contributions of up to 10% of an individual subscriber's policy premium can be "assessed". They can also charge a subscriber contributions of up to 2% of an individual subscriber's policy premium as a "non-assessable" charge. Any assessments must be approved by the Department of Insurance. There is a power of attorney agreement required to be in insured in a reciprocal. The attorney-in-fact is a corporation or individual that acts as the manager for the reciprocal insurer handling the day to day operations on behalf of the subscribers. The attorney is not a lawyer for the policyholders; they are the managing representative authorized by the subscribers through a power of attorney agreement to operate the insurance exchange.

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Mangrove

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Monarch

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Patriot Select Insurance Company

  • Website
  • Year established: 2014 - Patriot Select is a 2025 rebrand of Anchor Insurance Company
  • "About" Page
  • Affiliations: Anchor Insurance Company
  • Leadership Bios (scroll to the bottom for leadership bios)
  • Reinsurance/Financial Stability
  • Notes: Anchor Insurance Company was not insolvent but instead chose to rebrand. As part of that process, they sold their existing book of business to carriers such as Homeowners Choice. When they came back into the market 5 years later, they brought a powerhouse team of very experienced homeowners insurance professionals to the table.

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Praxis

  • Website
  • Year established: 2025
  • "About" Page
  • Affiliations: Praxis is not affiliated with any other insurance carriers or holdings groups related to insurance. It is affiliated with a group of companies led by Tampa-based cardiologist, entrepreneur and philanthropist Dr. Kiran Patel. The Patel Family Office is the parent company of the business entities behind Praxis.
  • Leadership Bios
  • Reinsurance/Financial Stability: None to report yet as Praxis is brand new to the market and has not yet participated in a Citizens depopulation effort. The first one is scheduled for November.
  • Notes: Praxis is brand new to the Florida Insurance market. As they have not yet assumed their first policy from Citizens, they also have not had any policies written directly with the carrier. Therefore, there is no credible data to fall back on. The CFO is experienced in the Florida homeowners market segment as she has worked for other notable carriers prior to this venture as has the Senior VP of Underwriting & Product.

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Tailrow

  • Website
  • Year established: 2025
  • "About" Page
  • Affiliations: Tailrow is a HCI Holdings Group, Inc. Company
  • Leadership Bios: none listed on website
  • Reinsurance/Financial Stability
  • Notes: Tailrow is a HCI Holdings Group, Inc. company. HCI Group has proved to be a fierce presence in the Florida Homeowners Markets through some nasty hurricane seasons. They grow their companies in a manner that is conducive to strong financial stability. Sister companies to Tailrow are Homeowners Choice, TypTap and Core. All have proven to be very strong carriers in the Florida markets with excellent coverage and competitive rates. Tailrow is a reciprocal exchange meaning it is own by its policyholders or "subscribers". Reciprocals can collect extra funds called "subscriber contributions" that are separate from policy premiums to contribute to the exchange's surplus. The contributions of up to 10% of an individual subscriber's policy premium can be "assessed". They can also charge a subscriber contributions of up to 2% of an individual subscriber's policy premium as a "non-assessable" charge. Any assessments must be approved by the Department of Insurance. There is a power of attorney agreement required to be in insured in a reciprocal. The attorney-in-fact is a corporation or individual that acts as the manager for the reciprocal insurer handling the day to day operations on behalf of the subscribers. The attorney is not a lawyer for the policyholders; they are the managing representative authorized by the subscribers through a power of attorney agreement to operate the insurance exchange.

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TypTap

  • Website
  • Year established: 2016
  • "About" Page
  • Affiliations: HCI Group, Inc.
  • Leadership Bios: none online
  • Reinsurance/Financial Stability
  • Notes: TypTap is a HCI Holdings Group, Inc. company. HCI Group has proved to be a fierce presence in the Florida Homeowners Markets through some nasty hurricane seasons. They grow their companies in a manner that is conducive to strong financial stability. Sister companies to TypTap are Homeowners Choice, Tailrow and Core. All have proven to be very strong carriers in the Florida markets with excellent coverage and competitive rates.

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Slide

  • Website
  • Year established: 2021
  • "About" Page
  • Affiliations: Slide MGA LLC and STAT Claims Company are sister companies to Slide Insurance under Slide Insurance Holdings, Inc. The sister companies facilitate services such as policy processing and claims handling.
  • Leadership Bios
  • Reinsurance/Financial Stability
  • Notes: Slide Insurance is a technology driven property insurance carrier that offers policies in Florida and South Carolina. They use AI and big data to streamline their insurance processes. Bruce Lucas, the co-founder of Slide previously founded Heritage Insurance who is still in operation today. Slide assumed the policies from the now defunct St. Johns Insurance who was known for their top notch coverage. Slide adopted the same coverage as St. Johns in an effort to keep the comprehensive offerings so transition was seamless and customers did not have to re-market their policies at that time.

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Southern Oak

  • Website
  • Year established: 2004
  • "About" Page
  • Affiliations: none - privately held Florida-based company owned & operated by Florida residents
  • Leadership Bios
  • Reinsurance/Financial Stability
  • Notes: Southern Oak has not held a major share of the Florida's homeowners insurance market by design. That is not a negative, but instead a testament of the dedication to their policyholders to strategically grow their book of business to ensure the best coverage and rates they can provide. Southern Oak has been around through all of the most major hurricane seasons in recent Florida history and they continue to be an excellent partner of this agency.

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Universal North America

  • Website
  • Year established: 2003
  • "About" Page
  • Affiliations: Universal North America Insurance Company is a subsidiary of Universal Insurance Holdings, Inc. Sister companies under the same parent company include Universal Property & Casualty and American Platinum Property & Casualty Insurance Company. All are also affiliated with Universal Group, Inc in Puerto Rico who owns a significant stake in the Florida - based operations.
  • Leadership Bios: none listed on website
  • Reinsurance/Financial Stability
Contact us if you have additional questions or go to the Manage Your Policy page to file a claim or call your insurance provider.
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