Florida Insurer Taps Firms for Part of $3B Plan

Sigo, Shelly
May 2006
Bond Buyer;5/3/2006, Vol. 356 Issue 32373, p1
Trade Publication
The article reports on the selection of liquidity providers by Citizens Property Insurance Corp. for its multimillion-dollar finance plan to pay claims during the upcoming hurricane season in Florida. The Citigroup Inc. and JPMorgan Chase & Co. headed the selection to offer a credit line for Citizen's personal and commercial accounts. Citizens is also waiting for rating agencies to respond.


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