"Citizens right now is in a very strong financial position," said Citizens spokesperson Michael Peltier, noting the insurer has seen about 80,000 claims come in so far related to Milton. "We expect to be able to pay all claims on Milton and Helene without having to levy assessments on non-Citizens policyholders."
"At this time, State Farm is primarily concerned with assisting its Florida customers with recovering from the hurricanes that recently made landfall in the state," State Farm said in a written statement. "State Farm plans to continue our presence in the Florida insurance marketplace. Our current plans include a commitment to responsible growth so that we can maintain the financial strength to deliver on our promises to our customers."
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