Citizens to stop insuring homes valued at $700,000 and up (Sun Sentinel)
After reducing its policy count by more than two-thirds over the past four years, state-run Citizens Property Insurance Corp. continued to shed its risk load by securing approval this week to drop 1,752 high-priced homes after their policies expire next year. As of Jan. 1, homes with insurable values between $700,000 and $799,999 will no…