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Fla.'s Citizens Insurance Sheds $14B In Exposure

By Carolina Bolado (May 22, 2013, 7:30 PM EDT) -- The board of Florida's state-backed Citizens Property Insurance Corp. on Wednesday narrowly approved a deal allowing nine-month-old Heritage Property and Casualty Insurance Co. to take over 60,000 of its homeowners insurance policies that add up to about $14 billion in exposure....

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