The Participation System allows companies to report their premium data online, in compliance with 627.351(6)(b)3.b., Florida Statutes. A response from all Florida insurers licensed to write property and casualty insurance is required even if an insurer did not have Florida written premiums for 2022. The Open Period to submit written premiums is March 1-May 1, 2023.
The Voluntary Premium Reporting System allows Florida insurance companies to submit their total written policy premiums for the wind-only eligibility area in exchange for credit against potential future Citizens assessments. Information is reviewed quarterly to validate eligibility and credits.
