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Fla. Office of Insurance Regulation approves policy take-out from Citizens

The Florida Office of Insurance Regulation has approved Southern Oak Insurance Co. to remove up to 15,000 personal residential policies from Citizens Property Insurance Corp.

Southern Oak was approved to remove up to 5,000 policies from the personal lines account and 10,000 policies from the coastal account. The approval is for the April 18 personal residential take-out period.