It was up 8% for the rate rate requests. Even though we had done the reforms, you know, that had not necessarily filtered through year. To date, 214,000 policies have entered the private market. That's reduced the taxpayer-backed Citizens Insurance by $303 billion. You know, a lot of people don't realize the way Citizens is constructed. There was a major event and it had, you know, excessive liabilities from, from what, what it could pay out. (15:40–15:46)
CLAIM
Asserts that Citizens Insurance liabilities were reduced by $303 billion.
This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.
