Here in Florida, the home insurance market is showing signs of improvement, with fewer homeowners relying on Citizens for coverage. Citizens CEO Tim Cerio expressed optimism, noting a decrease in policyholders and a shift towards private insurers… a move he says could reduce the risk of surcharges for existing policyholders. However, as Citizens shrinks, it impacts the entire state—keeping a large Citizens means higher risk and potential assessments for all Floridians. Analysts attribute these changes to legislative adjustments and the entry of eight new insurers into the market, offering more choices and competition for consumers.