Six insurers, including new company, approved to take out more than 195,000 Citizens policies

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Six insurers, including new company, approved to take out more than 195,000 Citizens policies

A month after approving requests by private-market insurers to take over more than 400,000 policies from state-owned Citizens Property Insurance Corp., Florida’s insurance commissioner has approved another 195,035 takeouts from six companies — including the first by the latest insurer OK’d to do business in the state. Trident Reciprocal Exchange, based in Lake Mary, was approved on July 31 as the state’s ninth new property insurer since a slate …