Florida Citizens Property Insurance Depopulation Committee Meets In Orlando Tomorrow; Citizens’ CEO Responds to Representative Artiles on Surplus Notes Depopulation Program
Oct 8, 2012
Citizens Property Insurance Corporation’s (“Citizens”) Depopulation Committee is scheduled to meet in Orlando tomorrow, October 9, 2012. To view the agenda, click here.
The day-long meeting begins at 9:00 a.m. at the Peabody Hotel.
The agenda will include a review of Citizens’ proposed Surplus Notes Depopulation Program (“Program”), as well as afford an opportunity for public testimony to be heard.
Hyperlinks to the meeting materials are provided below. To access complete meeting information on Citizens Web site, click here.
To participate in the meeting via teleconference, dial (855) 312-8651 and input the following code: 4458606638#
A Colodny Fass& Webb representative will attend the meeting and provide a report.
Citizens CEO Barry Gilway Responds to State Representative Artiles on Surplus Notes Depopulation Proposal
Last Friday, October 5, Citizens President and CEO Barry Gilway responded to a recent letter received from State Representative Frank Artiles on the proposed Program.
In his letter, President Gilway provided additional clarification and information on the Program, along with a “Surplus Notes Program Fast Facts Sheet,” which details the Program’s benefits.
To view the letter and Fact Sheet, click here.
October 9 Depopulation Committee Meeting Materials:
- 01A Draft Depop Committee Minutes 09 06 12
- 02A Placeholder Opening Statement
- 03A Update Depop Map Counts
- 03B Update Depop Map Exposure
- 04A Surplus Note Program
- 04B Depop Presentation 10 8 2012
- 04C Chart PotentialReduction PML SurplusNotes Graph
- 04D Chart MarketShare Depopulation Program 100812
- 05A Term Sheet Master
- 05B Surplus Note Assumption Agreement
- 05C Surplus Note Agreement
- 06A Public Testimony
Should you have any questions or comments, please contact Colodny Fass& Webb.
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