Florida's top insurance official on Wednesday was given a January deadline to come up with a series of proposals to reduce the size of the state-backed Citizens Property Insurance Corp. and to further reduce costs in the state's auto-insurance market.
Florida Insurance Commissioner Kevin McCarty said he would comply with requests from Senate Banking and Insurance Committee Chairman David Simmons, R-Maitland, who said depopulating Citizens and restoring the state's private insurance market was one of his top priorities as he starts two years as head of the committee.
