Florida's Citizens Property Insurance Corp. and International Catastrophe Insurance Managers LLC (ICAT) today announced that ICAT will continue to issue Citizens' wind-only commercial nonresidential policies into 2008. When Citizens' new commercial nonresidential multi-peril program is available, ICAT will cease issuing new Citizens' wind-only commercial nonresidential policies and Citizens will begin issuing and servicing the new commercial nonresidential multi-peril policies internally. (source:insurancejournal.com) |