Effective July 1, 2014, Citizens may not offer new commercial residential multiperil insurance policies in the coastal account. Instead, Citizens will continue to offer commercial residential wind-only policies and separate commercial residential policies that exclude wind. Citizens may continue renewing commercial residential multi-peril policies within the coastal account that is insured by Citizens on June 30, 2014.

Ref: Commercial Residential Insurance in the Coastal Account (Section 3, amends s. 627.351(6)(b)2.a.(III), F.S.)