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May and June takeout requests for Citizens are exceeding expectations. -
AM Best then withdrew its ratings at the company’s request.
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Existing taxes could be lowered under a potential new structure.
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The agency stressed the physical impact of climate risk on companies.
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The SEC says it is not requiring Scope 3 emissions disclosures "at this time".
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The approval takes account of several out-of-court settlements.
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The outlook for its financial strength rating was unchanged at stable.
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The end of the waiting period effectively clears the path to close in the US.
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The move followed improvement in CEA’s claims-paying capacity.
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A hearing with the Florida Office of Insurance is scheduled for February 21.
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Priorities include climate and cyber risk, insurer financial transparency, and inclusion.
